The pair Solana/Bitcoin (SOL/BTC) jumps from the ascending trendline downwards
The bearish trend downwards to the next support line at 0.001116000 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.00113 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The pair is likely to go down.
There is also a ‘Two Crows’ candlestick chart pattern is existing. The candles form ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00118 |
| 2nd High | 0.00115 |
| Next High | 0.00113 |
| Current Price | 0.001118500 |
| Next Low | 0.001116000 |
| 2nd Low | 0.00111 |
| 3rd Low | 0.00108 |
0.00113 – 0.00113 – 0.00113 – 0.001116000 – 0.00111 – 0.00111 —
0.001119800 – 0.001121900 —
49.109076520868 – 49.865892874266 —
0.001116000 – 1781658000 —
0.00113 – 1781638200
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Two Crows – – –