Next a ‘Symmetrical Triangle Chart Pattern’ chart formation is discovered. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to go down.
The combination Solana/Bitcoin (SOL/BTC) moves from the ascending trendline down.
The bearish trend downwards to the next support at 0.001508400 is likely expected.
Caution: A possible counter-trend in the direction of the resistance zone at 0.001555700 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘RSI fall below 70’ indicator layout is existing. The indicator shows ‘RSI fall below 70’. which is often a bullish chart signal. The pair is likely to go up.
Next a ‘StochRSI cross above 20’ indicator layout is existing. The indicator shows ‘StochRSI cross above 20’. which is often a bullish chart signal. The pair is likely to go up.
Next a ‘Three Black Crows’ candle chart pattern is found. The candles form ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001626700 |
| 2nd High | 0.001586200 |
| Next High | 0.001555700 |
| Current Price | 0.001516100 |
| Next Low | 0.001508400 |
| 2nd Low | 0.001508300 |
| 3rd Low | 0.001456400 |
0.001555700 – 0.001586200 – 0.001558200 – 0.001508400 – 0.001508300 – 0.001543200 — 39.56599424742 – 37.086269757955
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows – Symmetrical Triangle Chart Pattern – –