The pair Solana/Bitcoin (SOL/BTC) jumps from the bullish trendline downwards
A descent downwards to the next support line at 0.00117 will continue.
Caution: A possible counter-trend in the direction of the resistance level at 0.00119 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Three Black Crows’ candlestick chart pattern is detected. The candles form ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00124 |
| 2nd High | 0.00122 |
| Next High | 0.00119 |
| Current Price | 0.001170500 |
| Next Low | 0.00117 |
| 2nd Low | 0.0011 |
| 3rd Low | 0.00109 |
0.00119 – 0.00122 – 0.00122 – 0.00118 – 0.00119 – 0.00119 —
0.001182600 – 0.001172900 —
42.992612666737 – 30.512000346089 —
– —
0.00119 – 1784268000
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows – Rising Wedge Chart Pattern – –