The currency pair Solana/Bitcoin (SOL/BTC) jumps from the bearish trendline down.
A continuation of the downtrend down to the next support line at 0.00126 will persist.
Caution: A possible trend reversal in the direction of resistance at 0.00133 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bearish chart signal. The currency pair is likely to fall.
Moreover a ‘Three Black Crows’ candlestick pattern is existing. The chart forms ‘Three Black Crows’. which is a bearish 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 | 0.00143 |
| 2nd High | 0.00141 |
| Next High | 0.00133 |
| Current Price | 0.001261000 |
| Next Low | 0.00126 |
| 2nd Low | |
| 3rd Low |
0.00133 – 0.00141 – 0.00141 – 0.00127 – 0.00139 – 0.00138 —
0.001282400 – 0.001273100 —
35.193586453362 – 31.577450771354 —
– —
0.00133 – 1770145200
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows – – –