SOL/BTC – 30M – SELL

And also a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to go down.

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

A continuation of the bearish trend down to the next support level at 0.001622400 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.001655200 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three Black Crows’ chart pattern is detected. The chart forms ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

0.001655200 – 0.001641300 – 0.001608800 – 0.001622400 – 0.001618700 – 0.001598300 — 46.255727958679 – 45.02585921455

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows – Rising Wedge Chart Pattern – –