SOL/USDT – 30M – SELL

In addition a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to go down.

The currency pair Solana/Tether (SOL/USDT) moves from the bullish trendline downwards

A bearish movement down to the next support level at 66.59 is likely expected.

Caution: A possible counter-trend in the direction of resistance at 69.59 could occur.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Bearish Engulfing’ candle chart pattern is discovered. The candles show ‘Bearish Engulfing’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ heading down is 79%.

69.59 – 68.71 – 67.51 – 66.59 – 66.42 – 66.37 —
69.110000000 – 68.370000000 —
61.15218979081 – 43.091522474176 —
– —
69.59 – 1781386200

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