SOL/USDT – 30M – SELL

Next a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The chart shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to fall.

The currency pair Solana/Tether (SOL/USDT) jumps from the ascending trendline downwards

A bearish movement down to the next support level at 77.74 will continue.

Caution: A possible counter-trend in the direction of the resistance line at 79.68 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Two Crows’ chart pattern is detected. The candles form ‘Two Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

79.68 – 79.45 – 78.49 – 77.74 – 77.26 – 76.29 —
79.460000000 – 78.360000000 —
60.975314298199 – 42.449823730411 —
– —
79.68 – 1783677600

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