Then a ‘Rising Wedge Chart Pattern’ chart formation is detected. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The pair is likely to go down.
The currency pair Solana/Tether (SOL/USDT) goes from the bullish trendline downwards
A bearish descent downwards to the next support level at 174.210000000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 179.660000000 could be enabled.
Consider stop-loss settings accordingly.
Then a ‘StochRSI cross above 20’ indicator signal is discovered. The indicator is ‘StochRSI cross above 20’. this is usually a bullish chart signal. The pair is likely to go up.
Then a ‘Three Black Crows’ candlestick pattern is detected. The chart shows ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 186.680000000 |
| 2nd High | 182.700000000 |
| Next High | 179.660000000 |
| Current Price | 177.450000000 |
| Next Low | 174.210000000 |
| 2nd Low | 167.000000000 |
| 3rd Low | 166.700000000 |
179.660000000 – 173.490000000 – 169.930000000 – 174.210000000 – 167.000000000 – 166.700000000 — 52.408311456607 – 51.520594736125
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –