The pair Solana/Bitcoin (SOL/BTC) goes from the descending trendline down.
A continuation of the bearish trend down to the next support level at 0.00112 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.00114 could occur.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Three Black Crows’ candle chart pattern is existing. The candles form ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. 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 | 0.0012 |
| 2nd High | 0.00115 |
| Next High | 0.00114 |
| Current Price | 0.001108300 |
| Next Low | 0.00112 |
| 2nd Low | |
| 3rd Low |
0.00114 – 0.00113 – 0.00114 – 0.00112 – 0.00112 – 0.00112 —
0.001122700 – 0.001117700 —
30.226339412684 – 33.731962031144 —
– —
0.00114 – 1776848400
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows – Rising Wedge Chart Pattern – –