In addition a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish signal. The pair is likely to go down.
The combination Solana/Tether (SOL/USDT) moves from the bullish trendline down.
A bearish movement downwards to the next support line at will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 183.350000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 193.520000000 |
| 2nd High | 186.680000000 |
| Next High | 183.350000000 |
| Current Price | 179.830000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
183.350000000 – 179.660000000 – 173.490000000 – 178.920000000 – 176.620000000 – 174.210000000 — 44.960591636886 – 43.46882809931
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – – Rising Wedge Chart Pattern – –