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: CRYPTO – SOL – SOL/USDT – USDT – – Rising Wedge Chart Pattern – –