SOL/USDT – 1H – SELLMoreover a ‘Rising Wedge Chart Pattern’ chart layout is detected. The formation shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.
The pair Solana/Tether (SOL/USDT) goes from the ascending trendline downwards
A bearish trend downwards to the next support level at 210.790000000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 219.790000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 219.790000000 |
| Current Price | 217.960000000 |
| Next Low | 210.790000000 |
| 2nd Low | 201.480000000 |
| 3rd Low | 199.320000000 |
219.790000000 – 217.110000000 – 210.000000000 – 210.790000000 – 201.480000000 – 199.320000000 — 60.762871543484 – 59.037612599376
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – – Rising Wedge Chart Pattern – –