The combination Solana/Bitcoin (SOL/BTC) jumps from the bearish trendline down.
A continuation of the bearish trend downwards to the next support level at is considered certain.
Caution: A possible change in the direction of resistance at 0.001856700 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 detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair is likely to fall.
Also there is a ‘Two Crows’ candle chart pattern is detected. The chart forms ‘Two Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001895800 |
| 2nd High | 0.001880600 |
| Next High | 0.001856700 |
| Current Price | 0.001836500 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.001856700 – 0.001880600 – 0.001895800 – 0.001818700 – 0.001858100 – 0.001861200 — 50.917697053976 – 47.989861948338
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Two Crows – – –