The combination Solana/Bitcoin (SOL/BTC) jumps from the descending trendline downwards
A continuation of the downward movement downwards to the next support level at will continue.
Caution: A possible change in the direction of resistance at 0.001594600 should always be considered.
Consider stop-loss settings accordingly.
Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The currency pair could go down.
Additionally a ‘RSI fall below 70’ indicator layout is discovered. The indicator is ‘RSI fall below 70’. which is often a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001720700 |
| 2nd High | 0.001613600 |
| Next High | 0.001594600 |
| Current Price | 0.001578600 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.001594600 – 0.001613600 – 0.001606700 – 0.001563400 – 0.001562500 – 0.001529200 — 51.422490674221 – 50.268421015458
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – – Rising Wedge Chart Pattern –