The pair Solana/Bitcoin (SOL/BTC) moves from the bullish trendline downwards
A descent down to the next support level at is considered certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.001659700 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The pair is likely to go down.
In addition a ‘Identical 3 Crows’ candlestick chart pattern is found. The candles show ‘Identical 3 Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Identical 3 Crows’ heading down is 79% (Bull Market) & 72% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001707300 |
| 2nd High | 0.001662300 |
| Next High | 0.001659700 |
| Current Price | 0.001607700 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.001659700 – 0.001599400 – 0.001590300 – 0.001628300 – 0.001576400 – 0.001557500 — 37.855201854173 – 36.933396853665
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Identical 3 Crows – Triple bottom chart pattern – –