In addition a ‘Symmetrical Triangle Chart Pattern’ chart pattern is detected. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The currency pair is likely to fall.
The currency pair Solana/Bitcoin (SOL/BTC) goes from the bearish trendline downwards
A continuation of the downtrend down to the next support at 0.001818700 will continue.
Caution: A possible change in the direction of the resistance zone at 0.001847200 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.
In addition a ‘Three Outside Down’ candlestick chart pattern is detected. The candles form ‘Three Outside Down’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001880600 |
| 2nd High | 0.001856700 |
| Next High | 0.001847200 |
| Current Price | 0.001821900 |
| Next Low | 0.001818700 |
| 2nd Low | 0.001804400 |
| 3rd Low | 0.001797600 |
0.001847200 – 0.001856700 – 0.001880600 – 0.001825500 – 0.001823900 – 0.001818700 — 39.649487929606 – 36.057254942136
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Outside Down – Symmetrical Triangle Chart Pattern – –