Sell SOL/USDT – 1H – SELL

Additionally a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to go down.

The currency pair Solana/Tether (SOL/USDT) goes from the bullish trendline down.

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

Caution: A possible counter-trend in the direction of resistance at 182.700000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

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

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

Additionally a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.

Additionally a ‘Three Outside Down’ chart pattern is discovered. The candles show ‘Three Outside Down’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 195.260000000
2nd High 186.680000000
Next High 182.700000000
Current Price 180.150000000
Next Low 167.000000000
2nd Low 166.700000000
3rd Low 161.130000000

179.660000000 – 169.930000000 – 171.730000000 – 167.000000000 – 166.700000000 – 161.130000000 — 54.631224887481 – 50.732197798885

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