The pair Solana/Bitcoin (SOL/BTC) jumps from the bearish trendline downwards
A continuation of the downtrend downwards to the next support at 0.001045900 is likely expected.
Caution: A possible change in the direction of the resistance zone at 0.00107 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair could go down.
And also a ‘Two Crows’ candle pattern is discovered. The candles form ‘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 | 0.00109 |
| 2nd High | 0.00108 |
| Next High | 0.00107 |
| Current Price | 0.001048600 |
| Next Low | 0.001045900 |
| 2nd Low | |
| 3rd Low |
0.00107 – 0.00108 – 0.00107 – 0.001045900 – 0.00107 – 0.00107 —
0.001049400 – 0.001054900 —
31.860197214891 – 47.297077998992 —
0.001045900 – 1777960800 —
0.00107 – 1777816800
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Two Crows – – –