There is also a ‘Double top chart pattern’ chart layout is existing. The chart picture shows ‘Double top chart pattern’. which is a negative signal. The currency pair is likely to go down.
The pair Solana/Bitcoin (SOL/BTC) moves from the ascending trendline downwards
A bearish trend downwards to the next support line at 0.002056200 is certain.
Caution: A possible change in the direction of the resistance level at 0.002104800 should be noted.
Consider stop-loss settings accordingly.
There is also a ‘Three Black Crows’ candlestick pattern is detected. The candles show ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.002104800 |
| Current Price | 0.002058500 |
| Next Low | 0.002056200 |
| 2nd Low | 0.001941100 |
| 3rd Low | 0.001910000 |
0.002104800 – 0.002096600 – 0.002005000 – 0.002056200 – 0.001941100 – 0.001944700 — 35.263971469368 – 30.703632124262
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows – Double top chart pattern – –