SOL/USDT – 30M – SELLBesides a ‘Rising Wedge Chart Pattern’ chart pattern is found. The formation shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to go down.
The combination Solana/Tether (SOL/USDT) jumps from the ascending trendline downwards
A bearish trend downwards to the next support at 198.390000000 is certain.
Caution: A possible change in the direction of the resistance level at 206.300000000 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 206.300000000 |
| Current Price | 201.020000000 |
| Next Low | 198.390000000 |
| 2nd Low | 194.050000000 |
| 3rd Low | 193.010000000 |
206.300000000 – 204.990000000 – 204.670000000 – 198.390000000 – 194.050000000 – 193.010000000
Trading Signals: FOREX – SOL – SOL/USDT – USDT – – Rising Wedge Chart Pattern