SOL/BTC – 4H – SELLThe currency pair Solana/Bitcoin (SOL/BTC) moves from the ascending trendline down.
A bearish movement down to the next support level at 0.002017800 will continue.
Caution: A possible change in the direction of the resistance zone at 0.002313800 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Two Crows’ chart pattern is existing. The candles show ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to fall. 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 | 0.002681000 |
| 2nd High | 0.002550000 |
| Next High | 0.002313800 |
| Current Price | 0.002198500 |
| Next Low | 0.002017800 |
| 2nd Low | 0.001939900 |
| 3rd Low | 0.001842700 |