SOL/BTC – 30M – SELLThe combination Solana/Bitcoin (SOL/BTC) moves from the bullish trendline downwards
A descent down to the next support at 0.002027300 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.002155900 is within the realm of possibility.
Consider stop-loss settings accordingly.
There is also a ‘Two Crows’ candlestick chart pattern is found. The candles form ‘Two Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002177600 |
| 2nd High | 0.002156000 |
| Next High | 0.002155900 |
| Current Price | 0.002049600 |
| Next Low | 0.002027300 |
| 2nd Low | 0.001943400 |
| 3rd Low | 0.001939900 |