SOL/BTC – 1H – SELLThe pair Solana/Bitcoin (SOL/BTC) moves from the ascending trendline downwards
The bearish trend down to the next support at 0.002364600 is certain.
Caution: A possible counter-trend in the direction of resistance at 0.002445500 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Three Black Crows’ chart pattern is found. The chart shows ‘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’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002524200 |
| 2nd High | 0.002506000 |
| Next High | 0.002445500 |
| Current Price | 0.002365200 |
| Next Low | 0.002364600 |
| 2nd Low | 0.002297700 |
| 3rd Low | 0.002250700 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows