SOL/BTC – 1H – SELLThe combination Solana/Bitcoin (SOL/BTC) goes from the bearish trendline downwards
A continuation of the downtrend downwards to the next support line at 0.002242000 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 0.002313800 could be enabled.
Consider stop-loss settings accordingly.
Additionally a ‘Three Black Crows’ candle chart pattern is found. The chart forms ‘Three Black Crows’. this is a bearish 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 | 0.002445500 |
| 2nd High | 0.002322500 |
| Next High | 0.002313800 |
| Current Price | 0.002216100 |
| Next Low | 0.002242000 |
| 2nd Low | 0.002148100 |
| 3rd Low |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows