The pair Solana/Bitcoin (SOL/BTC) jumps from the bearish trendline down.
A continuation of the downtrend down to the next support at 0.001486500 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 0.001539900 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘RSI fall below 30’ indicator layout is existing. The indicator is ‘RSI fall below 30’. this is usually a bearish chart signal. The pair is likely to go down.
There is also a ‘Three Black Crows’ candle chart pattern is detected. The chart shows ‘Three Black 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 likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001546100 |
| 2nd High | 0.001543800 |
| Next High | 0.001539900 |
| Current Price | 0.001496600 |
| Next Low | 0.001486500 |
| 2nd Low | 0.001471000 |
| 3rd Low | 0.001445000 |
0.001539900 – 0.001527600 – 0.001543800 – 0.001486500 – 0.001471000 – 0.001500000 — 42.889304457928 – 40.022847634707
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows – Symmetrical Triangle Chart Pattern –