SOL/USDT – 30M – SELL

Besides a ‘Rising Wedge Chart Pattern’ chart formation is detected. The formation shows ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to go down.

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

A descending movement downwards to the next support level at 84.83 will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 88.92 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘MACD crosses below signal’ indicator layout is detected. The indicator is ‘MACD crosses below signal’. which could be a negative chart signal. The currency pair is likely to fall.

Besides a ‘Three Black Crows’ chart pattern is existing. The chart forms ‘Three Black Crows’. which is a bearish 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%.

87.06 – 85.75 – 84.61 – 84.83 – 80.26 – 81.18 —
87.280000000 – 88.800000000 —
45.877187610193 – 61.095506583127 —
– —
87.06 – 1773084600

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