Next a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The pair is likely to go down.
The combination Solana/Bitcoin (SOL/BTC) goes from the descending trendline downwards
A continuation of the downtrend downwards to the next support line at is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.00116 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00121 |
| 2nd High | 0.0012 |
| Next High | 0.00116 |
| Current Price | 0.001104100 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.00116 – 0.00113 – 0.00107 – 0.00109 – 0.00102 – 0.00101 —
0.001160100 – 0.001124800 —
62.838509834273 – 47.770700270087 —
– —
0.00116 – 1782057600
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – – Rising Wedge Chart Pattern – –