SOL/USDT – 30M – SELL

And also a ‘Rising Wedge Chart Pattern’ chart formation is found. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a bearish signal. The pair is likely to go down.

The combination Solana/Tether (SOL/USDT) jumps from the bullish trendline down.

A descent downwards to the next support line at 198.390000000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 204.990000000 could be enabled.
Consider stop-loss settings accordingly.

And also a ‘Three Outside Down’ candlestick chart pattern is found. The chart shows ‘Three Outside Down’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

204.990000000 – 204.670000000 – 199.280000000 – 198.390000000 – 194.050000000 – 193.010000000

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