Next a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The formation shows ‘Rising Wedge Chart Pattern’. which is a bearish signal. The currency pair is likely to fall.
The pair Solana/Bitcoin (SOL/BTC) goes from the bullish trendline downwards
A descent down to the next support at 0.001910000 will continue.
Caution: A possible change in the direction of resistance at 0.001952400 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Three Black Crows’ candle pattern is discovered. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.001952400 |
| Current Price | 0.001956500 |
| Next Low | 0.001910000 |
| 2nd Low | 0.001895600 |
| 3rd Low | 0.001862400 |
0.001947000 – 0.001931800 – 0.001925300 – 0.001910000 – 0.001895600 – 0.001862400 — 58.7203205461 – 56.971831856132
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows – Rising Wedge Chart Pattern – –