Then a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish signal. The pair is likely to go down.
The combination Solana/Tether (SOL/USDT) jumps from the bullish trendline down.
A descending movement downwards to the next support at 210.790000000 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 219.790000000 could be enabled.
Consider stop-loss settings accordingly.
| 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 – 205.550000000 – 210.790000000 – 201.480000000 – 199.320000000 — 60.368922539166 – 58.031415213427
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – – Rising Wedge Chart Pattern – –