SOL/BTC – 30M – SELLThe combination Solana/Bitcoin (SOL/BTC) moves from the bullish trendline down.
A descending movement down to the next support at 0.002020000 is certain.
Caution: A possible change in the direction of the resistance level at 0.002106800 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Three Black Crows’ chart pattern is discovered. The candles form ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002155500 |
| 2nd High | 0.002149000 |
| Next High | 0.002106800 |
| Current Price | 0.002018000 |
| Next Low | 0.002020000 |
| 2nd Low | 0.001941100 |
| 3rd Low | 0.001910000 |
0.002106800 – 0.002149000 – 0.002155500 – 0.002020000 – 0.002076700 – 0.002047100 — 31.159240724668 – 28.475857937729
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows – Triple bottom chart pattern – –