The currency pair Solana/Bitcoin (SOL/BTC) jumps from the ascending trendline downwards
A descent downwards to the next support level at 0.002027300 will persist.
Caution: A possible change in the direction of the resistance line at 0.002155900 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Two Crows’ candlestick pattern is discovered. The chart forms ‘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 probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.002177600 |
2nd High | 0.002156000 |
Next High | 0.002155900 |
Current Price | 0.002054200 |
Next Low | 0.002027300 |
2nd Low | 0.001943400 |
3rd Low | 0.001939900 |