Sell SOL/USDT – 1H – SELL

And also a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The formation shows ‘Rising Wedge Chart Pattern’. which is a negative signal. The pair is likely to go down.

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

A bearish movement downwards to the next support line at 167.000000000 is likely expected.

Caution: A possible counter-trend in the direction of resistance at 182.700000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘RSI fall below 70’ indicator layout is existing. The indicator shows ‘RSI fall below 70’. which could be a negative signal. The currency pair could go down.

And also a ‘StochRSI cross above 20’ indicator layout is existing. The indicator shows ‘StochRSI cross above 20’. which could be a negative signal. The currency pair could go down.

Support & Resistance Price Range*
3rd High 195.260000000
2nd High 186.680000000
Next High 182.700000000
Current Price 179.640000000
Next Low 167.000000000
2nd Low 166.700000000
3rd Low 161.130000000

179.660000000 – 169.930000000 – 171.730000000 – 167.000000000 – 166.700000000 – 161.130000000 — 53.966608768073 – 52.392988810281

Trading Signals:

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