Additionally a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The pair is likely to go down.
The pair Solana/Tether (SOL/USDT) goes from the bullish trendline down.
A bearish trend down to the next support at 81.96 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 84.99 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three Black Crows’ candle chart pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 93.47 |
| 2nd High | 91.98 |
| Next High | 84.99 |
| Current Price | 83.150000000 |
| Next Low | 81.96 |
| 2nd Low | 78.96 |
| 3rd Low | 77.12 |
84.99 – 82.84 – 83.24 – 81.96 – 78.96 – 81.12 —
82.960000000 – 83.910000000 —
44.043854452948 – 50.367948888681 —
– —
84.99 – 1774875600
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –