SOL/BTC – 30M – SELLThe currency pair Solana/Bitcoin (SOL/BTC) jumps from the bullish trendline downwards
The bearish trend downwards to the next support level at 0.002579300 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.002654700 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three Black Crows’ chart pattern is existing. The chart forms ‘Three Black Crows’. which is a negative signal. The 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 | 0.002707000 |
| 2nd High | 0.002693600 |
| Next High | 0.002654700 |
| Current Price | 0.002617400 |
| Next Low | 0.002579300 |
| 2nd Low | 0.002449300 |
| 3rd Low | 0.002440100 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows