SOL/USDT – 1H – SELL

Next a ‘Rising Wedge Chart Pattern’ chart formation is existing. The formation shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The pair is likely to go down.

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

A bearish trend down to the next support line at 171.210000000 is likely expected.

Caution: A possible change in the direction of resistance at 184.670000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Matching Low’ candle chart pattern is discovered. The chart shows ‘Matching Low’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

184.670000000 – 178.190000000 – 176.000000000 – 171.210000000 – 168.710000000 – 157.230000000

Trading Signals: FOREX – SOL – SOL/USDT – USDT – Matching Low – Rising Wedge Chart Pattern