Also there is a ‘Symmetrical Triangle Chart Pattern’ chart formation is existing. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The currency pair is likely to go down.
The pair Solana/Bitcoin (SOL/BTC) moves from the ascending trendline down.
The bearish trend down to the next support level at will continue.
Caution: A possible trend reversal in the direction of the resistance line at 0.001533400 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The pair is likely to go down.
Also there is a ‘Three Black Crows’ candlestick pattern is detected. The chart forms ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001560000 |
| 2nd High | 0.001536300 |
| Next High | 0.001533400 |
| Current Price | 0.001490100 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.001533400 – 0.001536300 – 0.001503600 – 0.001479400 – 0.001445000 – 0.001447400
Trading Signals: FOREX – SOL – SOL/BTC – BTC – Three Black Crows – Symmetrical Triangle Chart Pattern