The combination Solana/Bitcoin (SOL/BTC) goes from the descending trendline down.
A continuation of the downward movement downwards to the next support at 0.001825600 is certain.
Caution: A possible change in the direction of the resistance zone at 0.001888700 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Collapsing Doji Star’ candle chart pattern is existing. The chart shows ‘Collapsing Doji Star’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Collapsing Doji Star’ going down is 63% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001909900 |
| 2nd High | 0.001888900 |
| Next High | 0.001888700 |
| Current Price | 0.001875900 |
| Next Low | 0.001825600 |
| 2nd Low | 0.001818200 |
| 3rd Low | 0.001741500 |
0.001888700 – 0.001888900 – 0.001909900 – 0.001825600 – 0.001858500 – 0.001875600 — 54.234991921564 – 51.086218521798
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Collapsing Doji Star – – –