SOL/USDT – 1H – SELL

In addition a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The chart forms ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to fall.

The pair Solana/Tether (SOL/USDT) moves from the descending trendline downwards

A continuation of the downtrend downwards to the next support at 65.95 is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at 67.42 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The currency pair is likely to fall.

In addition a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles show ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

67.42 – 65.77 – 68.17 – 65.95 – 62.34 – 62.95 —
67.350000000 – 68.220000000 —
55.473255285056 – 56.141621361475 —
– —
67.42 – 1781204400

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –