SOL/USDT – 30M – SELL

Additionally a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart forms ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The pair is likely to go down.

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

A bearish movement down to the next support level at 86.03 will continue.

Caution: A possible reversal of the trend in the direction of the resistance level at 86.94 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.

Additionally a ‘Bearish Engulfing’ candle chart pattern is detected. The chart forms ‘Bearish Engulfing’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.

86.94 – 86.79 – 86.36 – 86.03 – 84.92 – 84.48 —
86.360000000 – 86.590000000 —
52.794460889146 – 59.333136383364 —
– —
86.94 – 1777064400

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bearish Engulfing – Rising Wedge Chart Pattern – –