Sell SOL/USDT – 1H – SELL

Besides a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to go down.

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

A descent down to the next support at 167.000000000 will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 182.700000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘RSI fall below 70’ indicator signal is discovered. The indicator is ‘RSI fall below 70’. which could be a negative chart scenario. The currency pair is likely to fall.

Besides a ‘StochRSI cross above 20’ indicator signal is discovered. The indicator is ‘StochRSI cross above 20’. which could be a negative chart scenario. The currency pair is likely to fall.

Support & Resistance Price Range*
3rd High 195.260000000
2nd High 186.680000000
Next High 182.700000000
Current Price 179.640000000
Next Low 167.000000000
2nd Low 166.700000000
3rd Low 161.130000000

179.660000000 – 169.930000000 – 171.730000000 – 167.000000000 – 166.700000000 – 161.130000000 — 53.966608768073 – 52.392988810281

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