And also a ‘Double bottom retreat down’ chart formation is found. The formation shows ‘Double bottom retreat down’. this is a bearish pattern signal. The currency pair is likely to go down.
The combination Solana/Bitcoin (SOL/BTC) moves from the bullish trendline downwards
A bearish movement down to the next support level at 0.002093000 is certain.
Caution: A possible change in the direction of the resistance line at 0.002117700 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Three Black Crows’ candle chart pattern is discovered. The chart forms ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. 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 | 0.002155500 |
| 2nd High | 0.002149000 |
| Next High | 0.002117700 |
| Current Price | 0.002112700 |
| Next Low | 0.002093000 |
| 2nd Low | 0.002075600 |
| 3rd Low | 0.002009300 |
0.002117700 – 0.002064900 – 0.002043500 – 0.002093000 – 0.002075600 – 0.002009300 — 60.413993777247 – 52.223410083313
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows – Double bottom retreat down – –