SOL/BTC – 1H – SELLFurthermore a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The chart forms ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The pair is likely to go down.
The combination Solana/Bitcoin (SOL/BTC) jumps from the ascending trendline down.
A bearish descent downwards to the next support level at will persist.
Caution: A possible counter-trend in the direction of resistance at 0.001707300 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The pair is likely to go down.
Furthermore a ‘Matching Low’ candle chart pattern is discovered. The chart shows ‘Matching Low’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001739200 |
| 2nd High | 0.001720700 |
| Next High | 0.001707300 |
| Current Price | 0.001630200 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.001707300 – 0.001697000 – 0.001555700 – 0.001581400 – 0.001610400 – 0.001464100 — 44.291219815101 – 44.059139986089
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Matching Low – Rising Wedge Chart Pattern – –