Then a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart forms ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to go down.
The pair Solana/Tether (SOL/USDT) moves from the bullish trendline down.
A bearish movement downwards to the next support at 236.910000000 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 241.820000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Three Black Crows’ candle chart pattern is detected. The chart forms ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 253.510000000 |
| Next High | 241.820000000 |
| Current Price | 236.680000000 |
| Next Low | 236.910000000 |
| 2nd Low | 235.120000000 |
| 3rd Low | 232.230000000 |
241.820000000 – 241.220000000 – 239.960000000 – 236.910000000 – 235.120000000 – 232.230000000 — 36.236587416304 – 34.70015033679
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –