Additionally a ‘Symmetrical Triangle Chart Pattern’ chart formation is existing. The chart forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish pattern signal. The pair is likely to go down.
The combination Solana/Bitcoin (SOL/BTC) goes from the descending trendline downwards
A continuation of the bearish trend down to the next support line at is expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.00129 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The pair is likely to go down.
Additionally a ‘Southern Doji’ candlestick pattern is discovered. The candles form ‘Southern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00132 |
| 2nd High | 0.00131 |
| Next High | 0.00129 |
| Current Price | 0.001266300 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.00129 – 0.00129 – 0.00131 – 0.00125 – 0.00125 – 0.00124 —
0.001269600 – 0.001288600 —
52.550529356717 – 62.407931085694 —
– —
0.00129 – 1772413200
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Southern Doji – Symmetrical Triangle Chart Pattern – –