Sell SOL/BTC – 1H – SELL

And also a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to go down.

The currency pair Solana/Bitcoin (SOL/BTC) moves from the bullish trendline down.

A descending movement down to the next support level at 0.001562300 is expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.001655200 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.

And also a ‘Three Black Crows’ candlestick pattern is existing. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.001707300
2nd High 0.001662300
Next High 0.001655200
Current Price 0.001571300
Next Low 0.001562300
2nd Low 0.001464100
3rd Low 0.001456400

0.001655200 – 0.001612500 – 0.001662300 – 0.001562300 – 0.001577400 – 0.001566900 — 42.021820798602 – 41.035353836977

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