The currency pair Solana/Bitcoin (SOL/BTC) jumps from the bearish trendline down.
A continuation of the bearish trend downwards to the next support level at is certain.
Caution: A possible change in the direction of the resistance line at 0.001837500 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The pair is likely to go down.
Then a ‘Two Crows’ candlestick pattern is existing. The chart forms ‘Two Crows’. which is a bearish 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 | 0.001856700 |
| 2nd High | 0.001847200 |
| Next High | 0.001837500 |
| Current Price | 0.001829400 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.001837500 – 0.001834400 – 0.001847200 – 0.001811300 – 0.001825500 – 0.001823900 — 49.900527757214 – 49.740532085754
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Two Crows – Triple top chart pattern – –