SOL/USDT – 30M – SELL

Next a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to fall.

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

A descent down to the next support level at 178.920000000 is certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 183.350000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘RSI fall below 70’ indicator signal is existing. The indicator is ‘RSI fall below 70’. this is usually a bearish signal. The currency pair could go down.

Next a ‘StochRSI fall below 80’ indicator signal is existing. The indicator is ‘StochRSI fall below 80’. this is usually a bearish signal. The currency pair could go down.

Next a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.

Next a ‘Tweezers Top’ candle chart pattern is existing. The chart shows ‘Tweezers Top’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

183.350000000 – 179.660000000 – 173.490000000 – 178.920000000 – 176.620000000 – 174.210000000 — 63.504629520675 – 50.899967718303

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