Next a ‘Symmetrical Triangle Chart Pattern’ chart layout is existing. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The pair is likely to go down.
The combination Solana/Bitcoin (SOL/BTC) jumps from the ascending trendline down.
A bearish trend downwards to the next support line at 0.002012200 is likely expected.
Caution: A possible change in the direction of resistance at 0.002149000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Three Black Crows’ candle chart pattern is found. The chart forms ‘Three Black Crows’. which is a negative 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 | 0.002155500 |
| Next High | 0.002149000 |
| Current Price | 0.002026100 |
| Next Low | 0.002012200 |
| 2nd Low | 0.002007100 |
| 3rd Low | 0.001941100 |
0.002149000 – 0.002155500 – 0.002104800 – 0.002012200 – 0.002007100 – 0.002047100 — 42.18192906254 – 40.981253175606
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows – Symmetrical Triangle Chart Pattern – –