SOL/BTC – 30M – SELL

And also a ‘Rising Wedge Chart Pattern’ chart formation is found. The formation shows ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to fall.

The pair Solana/Bitcoin (SOL/BTC) moves from the ascending trendline downwards

The bearish trend down to the next support level at 0.001910000 is expected.

Caution: A possible trend reversal in the direction of resistance at 0.001952400 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three Black Crows’ chart pattern is existing. The candles show ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

0.001947000 – 0.001931800 – 0.001925300 – 0.001910000 – 0.001895600 – 0.001862400 — 58.7203205461 – 56.971831856132

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