Sell SOL/USDT – 4H – SELL

Furthermore a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to fall.

The combination Solana/Tether (SOL/USDT) jumps from the bullish trendline downwards

A bearish trend down to the next support at 84.36 is likely expected.

Caution: A possible change in the direction of the resistance line at 128.13 is also possible.
Consider stop-loss settings accordingly.

Furthermore a ‘MACD crosses below signal’ indicator signal is found. The indicator shows ‘MACD crosses below signal’. which could be a negative signal. The pair is likely to go down.

Furthermore a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair is likely to fall.

Furthermore a ‘Two Crows’ candle chart pattern is detected. The candles show ‘Two 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 ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 253.51
2nd High 237.22
Next High 128.13
Current Price 92.000000000
Next Low 84.36
2nd Low 80.26
3rd Low 77.12

92.98 – 88.8 – 94.05 – 84.36 – 80.26 – 77.12 —
95.130000000 – 95.650000000 —
68.856099136553 – 66.198839885951 —
– —
92.98 – 1773403200

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