SOL/USDT – 30M – SELL

Besides a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The formation shows ‘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) jumps from the bullish trendline downwards

A descending movement downwards to the next support line at 80.34 is certain.

Caution: A possible trend reversal in the direction of the resistance level at 81.69 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘StochOSC Hidden Bearish Divergence’ indicator layout is discovered. The indicator is ‘StochOSC Hidden Bearish Divergence’. Dieses ist oftmals ein bullisches chart scenario. Das Paar tendiert eventuell nach oben.

Besides a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 79.685 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 81.69 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Three Outside Down’ candle pattern is found. The chart shows ‘Three Outside Down’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

81.69 – 81.32 – 82.78 – 80.34 – 80.41 – 77.59 —
81.710000000 – 81.840000000 —
58.664933316331 – 59.389254435968 —
– —
81.69 – 1783042200

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