Also there is a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The formation shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to go down.
The pair Solana/Bitcoin (SOL/BTC) goes from the bullish trendline down.
A descending movement down to the next support level at 0.001581400 is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.001707300 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001720700 |
| 2nd High | 0.001719800 |
| Next High | 0.001707300 |
| Current Price | 0.001630400 |
| Next Low | 0.001581400 |
| 2nd Low | 0.001464100 |
| 3rd Low | 0.001456400 |
0.001707300 – 0.001697000 – 0.001670800 – 0.001581400 – 0.001620000 – 0.001610400 — 41.953414001045 – 40.276626903378
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – – Rising Wedge Chart Pattern – –