SOL/BTC – 30M – SELL

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

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

A descent downwards to the next support at 0.00114 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.00117 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Also there is a ‘Three Outside Down’ candle pattern is discovered. The candles form ‘Three Outside Down’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.00117 – 0.00116 – 0.00111 – 0.00114 – 0.0011 – 0.0011 —
0.001165800 – 0.001162400 —
61.424664885027 – 55.27133324215 —
– —
0.00117 – 1778311800

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Outside Down – Rising Wedge Chart Pattern – –