SOL/BTC – 1H – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart formation is detected. The formation shows ‘Rising Wedge Chart Pattern’. which is a bearish signal. The pair is likely to go down.

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

A bearish movement down to the next support line at 0.001910000 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.001947000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three Black Crows’ candle pattern is existing. The chart forms ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

0.001947000 – 0.001931800 – 0.001837500 – 0.001910000 – 0.001895600 – 0.001817400 — 62.419200123036 – 61.050596927444

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