Sell SOL/USDT – 30M – SELL

Furthermore a ‘Rising Wedge Chart Pattern’ chart layout is detected. The formation shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.

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

The bearish trend downwards to the next support line at is certain.

Caution: A possible counter-trend in the direction of the resistance line at 183.350000000 could occur.
Consider stop-loss settings accordingly.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair could go down.

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

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