SOL/USDT – 30M – SELLThen a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.
The combination Solana/Tether (SOL/USDT) goes from the bullish trendline downwards
A bearish trend downwards to the next support at 221.720000000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 228.950000000 could be enabled.
Consider stop-loss settings accordingly.
Then a ‘Tweezers Top’ chart pattern is discovered. The chart shows ‘Tweezers Top’. 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 ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 228.950000000 |
| Current Price | 226.450000000 |
| Next Low | 221.720000000 |
| 2nd Low | 220.530000000 |
| 3rd Low | 211.690000000 |
228.950000000 – 225.590000000 – 226.000000000 – 221.720000000 – 220.530000000 – 211.690000000 — 57.750361762088 – 53.362819969908
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Tweezers Top – Rising Wedge Chart Pattern – –