SOL/BTC – 30M – SELL

Next a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to fall.

The currency pair Solana/Bitcoin (SOL/BTC) moves from the ascending trendline down.

A bearish descent downwards to the next support line at is considered certain.

Caution: A possible change in the direction of the resistance zone at 0.001848000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair is likely to fall.

Next a ‘Southern Doji’ candlestick chart pattern is existing. The chart shows ‘Southern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

0.001848000 – 0.001834200 – 0.001777800 – 0.001785400 – 0.001773900 – 0.001760000 — 45.925867517353 – 45.706204419632

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Southern Doji – Rising Wedge Chart Pattern – –