The pair Solana/Bitcoin (SOL/BTC) moves from the bullish trendline downwards
A descending movement down to the next support level at 0.002027300 is expected.
Caution: A possible change in the direction of the resistance zone at 0.002135300 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Bearish Harami’ candle pattern is existing. The chart forms ‘Bearish Harami’. which 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 ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.002232400 |
2nd High | 0.002204400 |
Next High | 0.002135300 |
Current Price | 0.002084400 |
Next Low | 0.002027300 |
2nd Low | 0.002026600 |
3rd Low | 0.002017800 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bearish Harami