There is also a ‘Rising Wedge Chart Pattern’ chart formation is existing. The formation shows ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to fall.
The currency pair Solana/Bitcoin (SOL/BTC) goes from the ascending trendline downwards
A descending movement downwards to the next support level at 0.001910000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.001947000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Three Black Crows’ candle chart pattern is detected. The chart forms ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.001952400 |
| Next High | 0.001947000 |
| Current Price | 0.001956500 |
| Next Low | 0.001910000 |
| 2nd Low | 0.001895600 |
| 3rd Low | 0.001817400 |
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 – –