The currency pair Solana/Bitcoin (SOL/BTC) moves from the ascending trendline downwards
A bearish descent down to the next support line at 0.002027300 is expected.
Caution: A possible change in the direction of the resistance level at 0.002076400 could happen.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Two Crows’ candlestick pattern is discovered. The chart shows ‘Two Crows’. which 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 | 0.002156000 |
2nd High | 0.002155900 |
Next High | 0.002076400 |
Current Price | 0.002041200 |
Next Low | 0.002027300 |
2nd Low | 0.001943400 |
3rd Low | 0.001939900 |