And also a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.
The combination Solana/Tether (SOL/USDT) jumps from the ascending trendline downwards
The bearish trend downwards to the next support line at 167.000000000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 186.680000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘RSI fall below 70’ indicator layout is discovered. The indicator is ‘RSI fall below 70’. which could be a negative chart scenario. The pair is likely to go down.
And also a ‘StochRSI fall below 80’ indicator layout is discovered. The indicator is ‘StochRSI fall below 80’. which could be a negative chart scenario. The pair is likely to go down.
And also a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 206.300000000 |
| 2nd High | 195.260000000 |
| Next High | 186.680000000 |
| Current Price | 181.100000000 |
| Next Low | 167.000000000 |
| 2nd Low | 166.700000000 |
| 3rd Low | 161.130000000 |
179.660000000 – 169.930000000 – 171.730000000 – 167.000000000 – 166.700000000 – 161.130000000 — 52.345849962356 – 49.556239706981
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – – Rising Wedge Chart Pattern – –