SOL/BTC – 1H – SELLThe pair Solana/Bitcoin (SOL/BTC) moves from the descending trendline down.
A continuation of the bearish trend downwards to the next support line at 0.002334200 is expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.002441900 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Three Black Crows’ candlestick chart pattern is existing. The chart forms ‘Three Black Crows’. which 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 | 0.002675400 |
| 2nd High | 0.002459000 |
| Next High | 0.002441900 |
| Current Price | 0.002366500 |
| Next Low | 0.002334200 |
| 2nd Low | 0.002310300 |
| 3rd Low | 0.002307000 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows