The pair Solana/Bitcoin (SOL/BTC) jumps from the bearish trendline down.
A continuation of the downtrend down to the next support level at 0.00121 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.00124 could happen.
Consider stop-loss settings accordingly.
Then a ‘Falling Window’ candle chart pattern is existing. The candles show ‘Falling Window’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Falling Window’ going down is 67% (Bull Market) and 73% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00126 |
| 2nd High | 0.00125 |
| Next High | 0.00124 |
| Current Price | 0.001232900 |
| Next Low | 0.00121 |
| 2nd Low | 0.00118 |
| 3rd Low | 0.00117 |
0.00124 – 0.00124 – 0.00124 – 0.00121 – 0.00122 – 0.00122 —
0.001243700 – 0.001238100 —
58.49145868021 – 58.982961615509 —
– —
0.00124 – 1773253800
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Falling Window – Rising Wedge Chart Pattern – –