SOL/BTC – 30M – SELLThe pair Solana/Bitcoin (SOL/BTC) goes from the bullish trendline downwards
A descending movement down to the next support line at 0.002152800 is considered certain.
Caution: A possible change in the direction of resistance at 0.002249000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 0.0021528 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 0.002249000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Three Black Crows’ candlestick pattern is discovered. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. The 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 | 0.002377000 |
| 2nd High | 0.002322500 |
| Next High | 0.002249000 |
| Current Price | 0.002159400 |
| Next Low | 0.002152800 |
| 2nd Low | |
| 3rd Low |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows