SOL/USDT – 30M – SELL

Furthermore a ‘Rising Wedge Chart Pattern’ chart formation is detected. The chart forms ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to go down.

The combination Solana/Tether (SOL/USDT) moves from the ascending trendline downwards

A bearish movement downwards to the next support at 200.950000000 is likely expected.

Caution: A possible counter-trend in the direction of resistance at 210.000000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Three Black Crows’ candle pattern is found. The candles show ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

210.000000000 – 204.820000000 – 208.790000000 – 200.950000000 – 205.680000000 – 197.370000000 — 40.914394287807 – 39.962863062598

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –