There is also a ‘Rising Wedge Chart Pattern’ chart pattern is found. The formation shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.
The combination Solana/Bitcoin (SOL/BTC) moves from the bullish trendline down.
A descending movement downwards to the next support line at is considered certain.
Caution: A possible trend reversal in the direction of resistance at 0.001848000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair could go down.
There is also a ‘Southern Doji’ candle pattern is existing. The chart shows ‘Southern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.001848000 |
| Current Price | 0.001813000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
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 – –