In addition a ‘Symmetrical Triangle Chart Pattern’ chart formation is discovered. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish signal. The pair is likely to go down.
The combination Solana/Bitcoin (SOL/BTC) jumps from the bearish trendline down.
A continuation of the bearish trend downwards to the next support line at 0.001825600 will continue.
Caution: A possible trend reversal in the direction of resistance at 0.001888900 should be noted.
Consider stop-loss settings accordingly.
In addition a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The currency pair could go down.
In addition a ‘Three Black Crows’ candle pattern is discovered. The chart shows ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001938500 |
| 2nd High | 0.001909900 |
| Next High | 0.001888900 |
| Current Price | 0.001874400 |
| Next Low | 0.001825600 |
| 2nd Low | 0.001818200 |
| 3rd Low | 0.001741500 |
0.001888900 – 0.001909900 – 0.001938500 – 0.001825600 – 0.001858500 – 0.001875600 — 51.120334000227 – 50.340328845235
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows – Symmetrical Triangle Chart Pattern – –