SOL/BTC – 30M – SELLThe currency pair Solana/Bitcoin (SOL/BTC) goes from the bearish trendline down.
A continuation of the bearish trend downwards to the next support at 0.001989100 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.002155900 should be noted.
Consider stop-loss settings accordingly.
Then a ‘Three Black Crows’ candle pattern is detected. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘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 | 0.001964000 |
| Next Low | 0.001989100 |
| 2nd Low | |
| 3rd Low |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows