SOL/BTC – 4H – SELLBesides a ‘Symmetrical Triangle Chart Pattern’ chart layout is detected. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to fall.
The currency pair Solana/Bitcoin (SOL/BTC) moves from the bullish trendline down.
A descending movement down to the next support at 0.002036200 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.002154500 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Two Crows’ candle pattern is discovered. The chart shows ‘Two 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 success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.002155500 |
| Next High | 0.002154500 |
| Current Price | 0.002064200 |
| Next Low | 0.002036200 |
| 2nd Low | 0.002001500 |
| 3rd Low | 0.001811300 |
0.002154500 – 0.002155500 – 0.001905000 – 0.002036200 – 0.002001500 – 0.001811300 — 51.235130926228 – 49.058090284651
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Two Crows – Symmetrical Triangle Chart Pattern – –