The currency pair Solana/Bitcoin (SOL/BTC) moves from the descending trendline downwards
A continuation of the bearish trend down to the next support at 0.002148100 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.002293000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Three Black Crows’ candle pattern is detected. The candles show ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.002313800 |
2nd High | 0.002311000 |
Next High | 0.002293000 |
Current Price | 0.002216100 |
Next Low | 0.002148100 |
2nd Low | |
3rd Low |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows