The pair Solana/Bitcoin (SOL/BTC) moves from the bullish trendline down.
A bearish descent down to the next support level at 0.001844600 is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Two Crows’ candle chart pattern is discovered. The candles form ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.001929600 |
| Next Low | 0.001844600 |
| 2nd Low | 0.001818200 |
| 3rd Low | 0.001741500 |
0.001915400 – 0.001913100 – 0.001887700 – 0.001844600 – 0.001818200 – 0.001741500 — 60.068591570269 – 59.039661442073
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Two Crows – Rising Wedge Chart Pattern – –