SOL/BTC – 1H – SELLMoreover a ‘Symmetrical Triangle Chart Pattern’ chart formation is detected. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish signal. The pair is likely to go down.
The pair Solana/Bitcoin (SOL/BTC) jumps from the ascending trendline down.
A bearish descent downwards to the next support level at 0.001818700 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.001856700 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Two Crows’ candle pattern is found. The chart shows ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘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 | 0.001856700 |
| Current Price | 0.001825200 |
| Next Low | 0.001818700 |
| 2nd Low | 0.001804400 |
| 3rd Low | 0.001797600 |
0.001856700 – 0.001904700 – 0.001905000 – 0.001818700 – 0.001858100 – 0.001804400 — 40.674295131225 – 39.852158660584
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Two Crows – Symmetrical Triangle Chart Pattern – –