SOL/BTC – 30M – SELLThe combination Solana/Bitcoin (SOL/BTC) moves from the descending trendline downwards
A continuation of the downtrend down to the next support line at 0.002247800 is considered certain.
Caution: A possible change in the direction of the resistance level at 0.002317700 is also possible.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Current target is 0.0022711 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 0.002317700 is also possible.
Consider stop-loss settings accordingly.
In addition a ‘Three Black Crows’ candle pattern is detected. The chart forms ‘Three Black Crows’. which is a negative chart scenario. 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 | 0.002411300 |
| 2nd High | 0.002377000 |
| Next High | 0.002317700 |
| Current Price | 0.002250200 |
| Next Low | 0.002247800 |
| 2nd Low | 0.002226800 |
| 3rd Low | 0.002209100 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows