SOL/USDT – 30M – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart formation is detected. The formation shows ‘Rising Wedge Chart Pattern’. this is a bearish signal. The pair is likely to go down.

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

A bearish movement down to the next support at 174.800000000 is certain.

Caution: A possible trend reversal in the direction of resistance at 177.880000000 should be noted.
Consider stop-loss settings accordingly.

There is also a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.

There is also a ‘Three Inside Down’ candle pattern is detected. The candles show ‘Three Inside Down’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

177.880000000 – 177.770000000 – 182.020000000 – 174.800000000 – 175.410000000 – 173.240000000

Trading Signals: FOREX – SOL – SOL/USDT – USDT – Three Inside Down – Rising Wedge Chart Pattern