SOL/BTC – 30M – SELL

Besides a ‘Rising Wedge Chart Pattern’ chart formation is found. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish signal. The currency pair is likely to go down.

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

A descent downwards to the next support at 0.0011 will continue.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.00116 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘MACD crosses below signal’ indicator signal is found. The indicator is ‘MACD crosses below signal’. which is often a bearish chart signal. The pair is likely to go down.

Besides a ‘Bearish Engulfing’ candle pattern is detected. The candles show ‘Bearish Engulfing’. which 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 probability of ‘Bearish Engulfing’ going down is 79%.

0.00116 – 0.00111 – 0.0011 – 0.0011 – 0.0011 – 0.00108 —
0.001147200 – 0.001165400 —
67.9386327047 – 76.115302883056 —
– —
0.00116 – 1778266800

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bearish Engulfing – Rising Wedge Chart Pattern – –