SOL/BTC – 30M – SELLThe pair Solana/Bitcoin (SOL/BTC) goes from the ascending trendline downwards
A bearish descent down to the next support level at 0.001447400 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 0.001473200 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Two Crows’ candle chart pattern is discovered. The candles show ‘Two Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001509500 |
| 2nd High | 0.001487300 |
| Next High | 0.001473200 |
| Current Price | 0.001474200 |
| Next Low | 0.001447400 |
| 2nd Low | 0.001396000 |
| 3rd Low | 0.001357400 |
0.001473200 – 0.001400000 – 0.001397300 – 0.001447400 – 0.001396000 – 0.001357400
Trading Signals: FOREX – SOL – SOL/BTC – BTC – Two Crows – Triple bottom chart pattern