Then a ‘Symmetrical Triangle Chart Pattern’ chart layout is discovered. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The currency pair is likely to fall.
The pair Solana/Bitcoin (SOL/BTC) goes from the ascending trendline downwards
A bearish descent down to the next support level at 0.001858500 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.001938500 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The pair is likely to go down.
Then a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.0018469188 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.001938500 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Three Black Crows’ chart pattern is existing. The chart shows ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.001952400 |
| Next High | 0.001938500 |
| Current Price | 0.001867000 |
| Next Low | 0.001858500 |
| 2nd Low | 0.001844600 |
| 3rd Low | 0.001818200 |
0.001938500 – 0.001952400 – 0.001915400 – 0.001858500 – 0.001875600 – 0.001844600 — 39.737655876151 – 38.540138125631
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows – Symmetrical Triangle Chart Pattern – –