And also a ‘Symmetrical Triangle Chart Pattern’ chart pattern is existing. The formation shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to fall.
The pair Solana/Bitcoin (SOL/BTC) goes from the bullish trendline down.
A bearish trend down to the next support at 0.001818700 is likely expected.
Caution: A possible change in the direction of the resistance line at 0.001856700 should be noted.
Consider stop-loss settings accordingly.
And also a ‘Two Crows’ chart pattern is found. 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 probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001905000 |
| 2nd High | 0.001904700 |
| Next High | 0.001856700 |
| Current Price | 0.001825200 |
| Next Low | 0.001818700 |
| 2nd Low | 0.001804400 |
| 3rd Low | 0.001797600 |
0.001856700 – 0.001904700 – 0.001905000 – 0.001818700 – 0.001858100 – 0.001804400 — 40.674295131225 – 39.852158660584
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Two Crows – Symmetrical Triangle Chart Pattern – –