Sell SOL/USDT – 30M – SELL

Moreover a ‘Rising Wedge Chart Pattern’ chart layout is detected. The chart shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to go down.

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

A descent downwards to the next support level at 178.520000000 is considered certain.

Caution: A possible change in the direction of the resistance zone at 186.800000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘StochRSI fall below 80’ indicator signal is existing. The indicator shows ‘StochRSI fall below 80’. this is usually a bearish signal. The currency pair is likely to fall.

Moreover a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bearish chart signal. The currency pair could go down.

Moreover a ‘Three Black Crows’ chart pattern is found. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 195.260000000
2nd High 193.520000000
Next High 186.800000000
Current Price 178.560000000
Next Low 178.520000000
2nd Low 177.510000000
3rd Low 176.620000000

186.800000000 – 186.180000000 – 183.350000000 – 178.520000000 – 177.510000000 – 179.720000000 — 36.341081100143 – 35.524064023545

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