The pair Solana/Bitcoin (SOL/BTC) moves from the ascending trendline down.
A bearish descent down to the next support line at is expected.
Caution: A possible change in the direction of the resistance line at 0.00114 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Two Crows’ candlestick pattern is found. The candles show ‘Two Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0012 |
| 2nd High | 0.00115 |
| Next High | 0.00114 |
| Current Price | 0.001100800 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.00114 – 0.00113 – 0.00114 – 0.00111 – 0.00112 – 0.00112 —
0.001105100 – 0.001102200 —
34.321221396596 – 35.1185215382 —
– —
0.00114 – 1776848400
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Two Crows – – –