SOL/USDT – 30M – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The pair is likely to go down.

The combination Solana/Tether (SOL/USDT) moves from the ascending trendline down.

A bearish descent down to the next support line at 200.580000000 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 211.990000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.

Also there is a ‘Bearish Belt Hold’ chart pattern is existing. The chart shows ‘Bearish Belt Hold’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

211.990000000 – 208.620000000 – 202.400000000 – 200.580000000 – 196.770000000 – 177.270000000 — 60.40895860317 – 47.951911991864

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bearish Belt Hold – Rising Wedge Chart Pattern – –