SOL/BTC – 4H – SELLThe pair Solana/Bitcoin (SOL/BTC) moves from the bullish trendline down.
A bearish descent downwards to the next support level at 0.002310300 is likely expected.
Caution: A possible trend reversal in the direction of resistance at 0.002675400 should always be considered.
Consider stop-loss settings accordingly.
Moreover a ‘Three Black Crows’ candlestick pattern is detected. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.002691600 |
| Next High | 0.002675400 |
| Current Price | 0.002366500 |
| Next Low | 0.002310300 |
| 2nd Low | 0.002209100 |
| 3rd Low |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows