SOL/BTC – 30M – SELLThen a ‘Rising Wedge Chart Pattern’ chart layout is detected. The chart shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to fall.
The currency pair Solana/Bitcoin (SOL/BTC) goes from the bullish trendline downwards
A bearish movement down to the next support level at 0.00137 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.00141 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The pair is likely to go down.
Then a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.00138284 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 0.00141 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Matching Low’ candlestick pattern is found. The candles show ‘Matching Low’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00144 |
| 2nd High | 0.00143 |
| Next High | 0.00141 |
| Current Price | 0.001399300 |
| Next Low | 0.00137 |
| 2nd Low | 0.00136 |
| 3rd Low | 0.00135 |
0.00141 – 0.0014 – 0.00143 – 0.00137 – 0.00139 – 0.0014 —
0.001392600 – 0.001406100 —
40.404526985639 – 56.872011396383 —
– —
0.00141 – 1769736600
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Matching Low – Rising Wedge Chart Pattern – –