Besides a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart shows ‘Rising Wedge Chart Pattern’. this is a bearish signal. The pair is likely to go down.
The currency pair Solana/Tether (SOL/USDT) jumps from the bullish trendline downwards
A bearish movement downwards to the next support at 173.240000000 is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 184.670000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.
Besides a ‘Three Line Strike – Bearish’ candlestick pattern is discovered. The chart forms ‘Three Line Strike – Bearish’. which 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 ‘Three Line Strike – Bearish’ heading down is 84% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 187.710000000 |
| Next High | 184.670000000 |
| Current Price | 175.890000000 |
| Next Low | 173.240000000 |
| 2nd Low | 171.210000000 |
| 3rd Low | 168.710000000 |
184.670000000 – 178.190000000 – 176.000000000 – 173.240000000 – 171.210000000 – 168.710000000
Trading Signals: FOREX – SOL – SOL/USDT – USDT – Three Line Strike – Bearish – Rising Wedge Chart Pattern