SOL/BTC – 30M – SELL

And also a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to fall.

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

A descending movement downwards to the next support line at 0.001785400 is expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.001881300 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.

And also a ‘Two Crows’ candlestick pattern is found. The chart forms ‘Two Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.001881300 – 0.001848000 – 0.001834200 – 0.001785400 – 0.001773900 – 0.001760000 — 39.544193440032 – 37.268756062354

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Two Crows – Rising Wedge Chart Pattern – –