SOL/USDT – 1H – SELL

Then a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to go down.

The pair Solana/Tether (SOL/USDT) jumps from the bullish trendline down.

A descent downwards to the next support level at 195.000000000 is expected.

Caution: A possible reversal of the trend in the direction of resistance at 213.600000000 should be noted.
Consider stop-loss settings accordingly.

Then a ‘Two Crows’ candlestick chart pattern is detected. The chart forms ‘Two Crows’. 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 likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

213.600000000 – 211.990000000 – 208.620000000 – 195.000000000 – 201.090000000 – 177.270000000 — 36.585442349757 – 35.45438533595

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