Sell SOL/USDT – 4H – SELL

Moreover a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to fall.

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

A descent down to the next support at 75.63 will persist.

Caution: A possible reversal of the trend in the direction of the resistance level at 92.1 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘StochRSI %K falls below 0.8’ indicator signal is existing. The indicator shows ‘StochRSI %K falls below 0.8’. this is usually a bearish chart scenario. The currency pair could go down.

Moreover a ‘Three Black Crows’ candlestick pattern is detected. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 237.22
2nd High 128.13
Next High 92.1
Current Price 81.570000000
Next Low 75.63
2nd Low 67.5
3rd Low

92.1 – 87.69 – 128.13 – 75.63 – 79.61 – 76.6 —
89.050000000 – 87.930000000 —
61.621160256567 – 46.093922379551 —
– —
92.1 – 1772049600

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