In addition a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.
The pair Solana/Bitcoin (SOL/BTC) jumps from the bullish trendline downwards
A descending movement downwards to the next support level at 0.00104 will continue.
Caution: A possible change in the direction of the resistance level at 0.00106 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0011 |
| 2nd High | 0.00107 |
| Next High | 0.00106 |
| Current Price | 0.001049800 |
| Next Low | 0.00104 |
| 2nd Low | 0.00103 |
| 3rd Low | 0.00102 |
0.00106 – 0.00105 – 0.00105 – 0.00104 – 0.00103 – 0.00102 —
0.001051700 – 0.001053800 —
53.472414267988 – 55.64783683812 —
– —
0.00106 – 1781200800
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – – Rising Wedge Chart Pattern – –