SOL/BTC – 30M – SELLThe pair Solana/Bitcoin (SOL/BTC) jumps from the bearish trendline downwards
A continuation of the downward movement downwards to the next support level at 0.002181800 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.002293000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Three Line Strike – Bearish’ candlestick chart pattern is existing. The candles form ‘Three Line Strike – Bearish’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Line Strike – Bearish’ going down is 84% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002313800 |
| 2nd High | 0.002311000 |
| Next High | 0.002293000 |
| Current Price | 0.002218000 |
| Next Low | 0.002181800 |
| 2nd Low | 0.002148100 |
| 3rd Low |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Line Strike – Bearish