Also there is a ‘Symmetrical Triangle Chart Pattern’ chart layout is found. The chart forms ‘Symmetrical Triangle Chart Pattern’. this 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.
A descending movement down to the next support line at 0.001861200 is considered certain.
Caution: A possible change in the direction of the resistance line at 0.001895800 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The pair is likely to go down.
Also there is a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a negative chart signal. The currency pair is likely to fall.
Also there is a ‘Two Crows’ chart pattern is found. The chart forms ‘Two Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001905000 |
| 2nd High | 0.001904700 |
| Next High | 0.001895800 |
| Current Price | 0.001867400 |
| Next Low | 0.001861200 |
| 2nd Low | 0.001804400 |
| 3rd Low | 0.001797600 |
0.001895800 – 0.001904700 – 0.001905000 – 0.001861200 – 0.001874700 – 0.001804400 — 42.826820977053 – 42.663212026854
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Two Crows – Symmetrical Triangle Chart Pattern – –