The currency pair Solana/Bitcoin (SOL/BTC) jumps from the descending trendline downwards
A continuation of the bearish trend downwards to the next support level at 0.001825500 will continue.
Caution: A possible counter-trend in the direction of the resistance line at 0.001847200 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three Black Crows’ candlestick chart pattern is found. The chart shows ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001880600 |
| 2nd High | 0.001856700 |
| Next High | 0.001847200 |
| Current Price | 0.001829300 |
| Next Low | 0.001825500 |
| 2nd Low | 0.001823900 |
| 3rd Low | 0.001818700 |
0.001847200 – 0.001856700 – 0.001880600 – 0.001825500 – 0.001823900 – 0.001818700 — 44.918882206864 – 42.604007784635
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows – Symmetrical Triangle Chart Pattern – –