SOL/USDT – 30M – SELLAlso there is a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The chart forms ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to fall.
The currency pair Solana/Tether (SOL/USDT) moves from the ascending trendline down.
The bearish trend downwards to the next support level at 198.390000000 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 206.300000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 206.300000000 |
| Current Price | 201.020000000 |
| Next Low | 198.390000000 |
| 2nd Low | 194.050000000 |
| 3rd Low | 193.010000000 |
206.300000000 – 204.990000000 – 204.670000000 – 198.390000000 – 194.050000000 – 193.010000000
Trading Signals: FOREX – SOL – SOL/USDT – USDT – – Rising Wedge Chart Pattern