SOL/BTC – 1H – SELL

Additionally a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to go down.

The currency pair Solana/Bitcoin (SOL/BTC) goes from the ascending trendline down.

A bearish movement down to the next support level at 0.002056200 will persist.

Caution: A possible counter-trend in the direction of the resistance zone at should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Three Black Crows’ candle chart pattern is existing. The chart forms ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

0.002005000 – 0.001980200 – 0.001986100 – 0.002056200 – 0.001941100 – 0.001910000 — 60.766929372506 – 58.428128054675

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