Also there is a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to fall.
The combination Solana/Tether (SOL/USDT) jumps from the ascending trendline downwards
A bearish movement down to the next support level at 84.31 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 90.73 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 95.65 |
| 2nd High | 93.47 |
| Next High | 90.73 |
| Current Price | 87.370000000 |
| Next Low | 84.31 |
| 2nd Low | 82.94 |
| 3rd Low | 82.65 |
86.89 – 86.22 – 87.12 – 84.31 – 85 – 82.94 —
88.430000000 – 88.020000000 —
70.018626042014 – 55.472912258769 —
– —
86.89 – 1776780000
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – – Rising Wedge Chart Pattern – –