SOL/BTC – 30M – SELLThe combination Solana/Bitcoin (SOL/BTC) moves from the bearish trendline down.
A continuation of the downtrend downwards to the next support level at will continue.
Caution: A possible counter-trend in the direction of the resistance line at 0.002155900 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.0019891 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support zone at 0.002155900 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Three Black Crows’ candle pattern is found. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002177600 |
| 2nd High | 0.002156000 |
| Next High | 0.002155900 |
| Current Price | 0.001979000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows