SOL/BTC – 30M – SELLThe combination Solana/Bitcoin (SOL/BTC) goes from the ascending trendline down.
A bearish movement downwards to the next support level at 0.002595900 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.002646300 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart forms ‘Three Black Crows’. which 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 success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002681000 |
| 2nd High | 0.002668600 |
| Next High | 0.002646300 |
| Current Price | 0.002596700 |
| Next Low | 0.002595900 |
| 2nd Low | 0.002535200 |
| 3rd Low | 0.002449300 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows