Additionally a ‘Symmetrical Triangle Chart Pattern’ chart pattern is existing. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The currency pair is likely to go down.
The currency pair Solana/Bitcoin (SOL/BTC) jumps from the bullish trendline downwards
A bearish movement downwards to the next support level at 0.001595500 will persist.
Caution: A possible counter-trend in the direction of resistance at 0.001662300 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a negative chart signal. The pair is likely to go down.
Additionally a ‘Three Black Crows’ candlestick pattern is discovered. The candles form ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001719800 |
| 2nd High | 0.001707300 |
| Next High | 0.001662300 |
| Current Price | 0.001611100 |
| Next Low | 0.001595500 |
| 2nd Low | 0.001581400 |
| 3rd Low | 0.001464100 |
0.001662300 – 0.001707300 – 0.001697000 – 0.001595500 – 0.001581400 – 0.001620000 — 35.184058642044 – 32.093610982908
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows – Symmetrical Triangle Chart Pattern – –