SOL/USDT – 1H – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart shows ‘Rising Wedge Chart Pattern’. this is a bearish signal. The pair is likely to go down.

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

A bearish descent downwards to the next support at 173.240000000 will persist.

Caution: A possible trend reversal in the direction of resistance at 184.670000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.

There is also a ‘Three Line Strike – Bearish’ chart pattern is detected. The chart shows ‘Three Line Strike – Bearish’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Line Strike – Bearish’ heading down is 84% (Bull Market).

184.670000000 – 178.190000000 – 176.000000000 – 173.240000000 – 171.210000000 – 168.710000000

Trading Signals: FOREX – SOL – SOL/USDT – USDT – Three Line Strike – Bearish – Rising Wedge Chart Pattern