Also there is a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to fall.
The currency pair Solana/Tether (SOL/USDT) moves from the bullish trendline downwards
A descending movement down to the next support level at 177.510000000 is certain.
Caution: A possible change in the direction of the resistance level at 186.180000000 should always be considered.
Consider stop-loss settings accordingly.
Also there is a ‘RSI fall below 70’ indicator layout is found. The indicator shows ‘RSI fall below 70’. this is usually a bearish signal. The currency pair is likely to fall.
Also there is a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.
Also there is a ‘Three Black Crows’ candlestick chart pattern is existing. The candles show ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 195.260000000 |
| 2nd High | 186.680000000 |
| Next High | 186.180000000 |
| Current Price | 181.330000000 |
| Next Low | 177.510000000 |
| 2nd Low | 167.000000000 |
| 3rd Low | 166.700000000 |
186.180000000 – 179.660000000 – 169.930000000 – 177.510000000 – 167.000000000 – 166.700000000 — 46.068094998451 – 44.108017237242
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –