SOL/USDT – 30M – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart formation is found. The chart forms ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.

The currency pair Solana/Tether (SOL/USDT) goes from the ascending trendline down.

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

Caution: A possible change in the direction of the resistance line at 186.800000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The pair is likely to go down.

Also there is a ‘RSI fall below 70’ indicator signal is detected. The indicator shows ‘RSI fall below 70’. which could be a negative chart scenario. The pair is likely to go down.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 179.49806 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support zone at 186.800000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Three Black Crows’ chart pattern is found. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

186.800000000 – 186.180000000 – 183.350000000 – 178.520000000 – 177.510000000 – 179.720000000 — 38.440394304845 – 35.782239355064

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –