Then a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The chart shows ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The pair is likely to go down.
The combination Solana/Bitcoin (SOL/BTC) goes from the ascending trendline down.
A bearish trend down to the next support level at 0.002047100 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.002155500 is within the realm of possibility.
Consider stop-loss settings accordingly.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The pair is likely to go down.
Then a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.002155500 |
| Current Price | 0.002089200 |
| Next Low | 0.002047100 |
| 2nd Low | 0.001941100 |
| 3rd Low | 0.001910000 |
0.002155500 – 0.002104800 – 0.002096600 – 0.002047100 – 0.002056200 – 0.001941100 — 37.57485617991 – 35.875637920147
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – – Rising Wedge Chart Pattern – –