The combination Solana/Bitcoin (SOL/BTC) goes from the bearish trendline downwards
A continuation of the downward movement down to the next support level at 0.00146 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.00153 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The currency pair could go down.
In addition a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.
In addition a ‘Two Crows’ chart pattern is found. The candles form ‘Two Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00187 |
| 2nd High | 0.00184 |
| Next High | 0.00153 |
| Current Price | 0.001517500 |
| Next Low | 0.00146 |
| 2nd Low | 0.00143 |
| 3rd Low | 0.00142 |
0.00153 – 0.00184 – 0.00184 – 0.00152 – 0.00156 – 0.0018 — 46.009247984287 – 43.665530914047 — 45.644396205178 – 47.433269014311 – 42.422415179289 – 46.859757731682
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Two Crows – Double bottom chart pattern – –