Sell SOL/USDT – 30M – SELL

Additionally 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 descent down to the next support line at is likely expected.

Caution: A possible change in the direction of the resistance level at 195.890000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The pair is likely to go down.

Additionally a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart shows ‘Three Black Crows’. this is a bearish pattern signal. 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%.

Support & Resistance Price Range*
3rd High 209.860000000
2nd High 198.070000000
Next High 195.890000000
Current Price 190.770000000
Next Low
2nd Low
3rd Low

195.890000000 – 193.870000000 – 189.470000000 – 189.940000000 – 187.350000000 – 185.200000000 — 43.107173322533 – 42.007957825762

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