SOL/USDT – 30M – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to go down.

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

A descent down to the next support at 194.050000000 is expected.

Caution: A possible change in the direction of the resistance zone at 206.300000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘RSI cross above 30’ indicator signal is existing. The indicator is ‘RSI cross above 30’. which is often a bullish chart scenario. The currency pair could go up.

There is also a ‘Southern Doji’ candle pattern is found. The candles form ‘Southern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

206.300000000 – 204.990000000 – 204.670000000 – 198.390000000 – 194.050000000 – 193.010000000

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Southern Doji – Rising Wedge Chart Pattern –