SOL/USDT – 1H – SELL

Moreover a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.

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

The bearish trend downwards to the next support level at 87.63 will continue.

Caution: A possible trend reversal in the direction of the resistance level at 90.44 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 86.835 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 90.44 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

90.44 – 90.03 – 85.9 – 87.63 – 83.23 – 83.35 —
89.530000000 – 88.860000000 —
55.268693401728 – 51.062502747962 —
– —
90.44 – 1778137200

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