Also there is a ‘Rising Wedge Chart Pattern’ chart formation is detected. The formation shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to go down.
The combination Solana/Bitcoin (SOL/BTC) goes from the bullish trendline down.
A descent down to the next support line at 0.002047100 will continue.
Caution: A possible counter-trend in the direction of the resistance level at 0.002155500 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The pair is likely to go down.
Also there is a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.002155500 |
| Current Price | 0.002089200 |
| Next Low | 0.002047100 |
| 2nd Low | 0.001941100 |
| 3rd Low | 0.001910000 |
0.002155500 – 0.002104800 – 0.002096600 – 0.002047100 – 0.002056200 – 0.001941100 — 37.57485617991 – 35.875637920147
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – – Rising Wedge Chart Pattern – –