SOL/BTC – 1H – SELLMoreover a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The chart forms ‘Rising Wedge Chart Pattern’. which is a bearish signal. The currency pair is likely to fall.
The combination Solana/Bitcoin (SOL/BTC) moves from the ascending trendline down.
A bearish descent downwards to the next support at 0.002056200 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at could happen.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Three Black Crows’ candlestick pattern is found. The chart shows ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.002090000 |
| Next Low | 0.002056200 |
| 2nd Low | 0.001941100 |
| 3rd Low | 0.001910000 |
0.002005000 – 0.001980200 – 0.001986100 – 0.002056200 – 0.001941100 – 0.001910000 — 60.766929372506 – 58.428128054675
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows – Rising Wedge Chart Pattern – –