The currency pair Solana/Bitcoin (SOL/BTC) goes from the bullish trendline down.
A bearish trend downwards to the next support at 0.00126 will persist.
Caution: A possible counter-trend in the direction of resistance at 0.00133 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Three Inside Down’ candlestick chart pattern is found. The candles form ‘Three Inside Down’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00143 |
| 2nd High | 0.00141 |
| Next High | 0.00133 |
| Current Price | 0.001260900 |
| Next Low | 0.00126 |
| 2nd Low | |
| 3rd Low |
0.00133 – 0.00141 – 0.00141 – 0.00127 – 0.00139 – 0.00138 —
0.001278800 – 0.001267500 —
33.82717703311 – 34.83848675057 —
– —
0.00133 – 1770145200
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Inside Down – Symmetrical Triangle Chart Pattern – –