The combination Solana/Bitcoin (SOL/BTC) moves from the bearish trendline downwards
A continuation of the downward movement down to the next support level at is certain.
Caution: A possible reversal of the trend in the direction of resistance at 0.00129 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The pair is likely to go down.
Furthermore a ‘Three Black Crows’ candlestick pattern is found. The chart forms ‘Three Black Crows’. which is a bearish chart scenario. The 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 | 0.00146 |
| 2nd High | 0.00143 |
| Next High | 0.00129 |
| Current Price | 0.001247100 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.00129 – 0.00143 – 0.00143 – 0.0012 – 0.00121 – 0.00122 —
0.001282700 – 0.001292900 —
65.506766505644 – 51.56964269218 —
– —
0.00129 – 1771142400
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows – Rising Wedge Chart Pattern – –