SOL/USDT – 30M – SELL

And also a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The pair is likely to go down.

The pair Solana/Tether (SOL/USDT) goes from the ascending trendline downwards

A bearish trend down to the next support level at 89.610000000 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 94.05 could happen.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Three Outside Down’ chart pattern is existing. The candles show ‘Three Outside Down’. this 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 Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

94.05 – 91.48 – 88.08 – 89.610000000 – 84.78 – 82.5 —
90.170000000 – 91.320000000 —
42.566002084368 – 54.985355592475 —
89.610000000 – 1772681400 —
94.05 – 1772652600

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –