SOL/BTC – 1H – SELLThe combination Solana/Bitcoin (SOL/BTC) jumps from the bearish trendline down.
A continuation of the downtrend down to the next support at 0.001818700 is certain.
Caution: A possible change in the direction of the resistance zone at 0.001856700 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Two Crows’ candlestick pattern is detected. The chart forms ‘Two Crows’. which is a negative 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 | 0.001905000 |
| 2nd High | 0.001904700 |
| Next High | 0.001856700 |
| Current Price | 0.001836600 |
| Next Low | 0.001818700 |
| 2nd Low | 0.001804400 |
| 3rd Low | 0.001797600 |
0.001856700 – 0.001904700 – 0.001905000 – 0.001818700 – 0.001858100 – 0.001804400 — 46.622924488434 – 46.423074223327
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Two Crows – Double bottom chart pattern – –