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