The combination Solana/Bitcoin (SOL/BTC) moves from the bearish trendline down.
A continuation of the downtrend downwards to the next support line at 0.00109 will persist.
Caution: A possible change in the direction of the resistance line at 0.0011 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Two Crows’ chart pattern is found. The chart shows ‘Two Crows’. which is a bearish pattern 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’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00112 |
| 2nd High | 0.00111 |
| Next High | 0.0011 |
| Current Price | 0.001088500 |
| Next Low | 0.00109 |
| 2nd Low | |
| 3rd Low |
0.0011 – 0.0011 – 0.0011 – 0.00109 – 0.00109 – 0.00109 —
0.001095600 – 0.001090700 —
48.695193284772 – 43.102342826552 —
– —
0.0011 – 1777507200
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Two Crows – – –