SOL/USDT – 30M – SELL

Besides a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.

The combination Solana/Tether (SOL/USDT) goes from the bullish trendline down.

A descending movement downwards to the next support at 163.140000000 is considered certain.

Caution: A possible reversal of the trend in the direction of resistance at 166.800000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Three Black Crows’ chart pattern is existing. The chart forms ‘Three Black Crows’. this 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 likelyhood of ‘Three Black Crows’ heading down is 82%.

166.800000000 – 153.600000000 – 152.900000000 – 163.140000000 – 147.700000000 – 150.890000000

Trading Signals: FOREX – SOL – SOL/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern