There is also a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to fall.
The pair Solana/Tether (SOL/USDT) goes from the bullish trendline downwards
A descent down to the next support at 91.73 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 94.17 could occur.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘StochRSI %K falls below 0.8’ indicator layout is detected. The indicator shows ‘StochRSI %K falls below 0.8’. this is usually a bearish chart scenario. The currency pair could go down.
There is also a ‘Three Black Crows’ chart pattern is discovered. The candles form ‘Three Black Crows’. which is a negative pattern signal. The currency 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’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 97.68 |
| 2nd High | 95.65 |
| Next High | 94.17 |
| Current Price | 93.290000000 |
| Next Low | 91.73 |
| 2nd Low | 87.6 |
| 3rd Low | 87.47 |
94.17 – 92.8 – 90.44 – 91.73 – 87.6 – 87.67 —
93.530000000 – 93.950000000 —
70.051647095467 – 67.424566658233 —
– —
94.17 – 1778299200
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –