SOL/BTC – 4H – SELLThe combination Solana/Bitcoin (SOL/BTC) moves from the ascending trendline downwards
A bearish descent downwards to the next support line at 0.002148100 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.002313800 should be noted.
Consider stop-loss settings accordingly.
Besides a ‘Three Black Crows’ candle chart pattern is found. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The currency 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’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002681000 |
| 2nd High | 0.002550000 |
| Next High | 0.002313800 |
| Current Price | 0.002139900 |
| Next Low | 0.002148100 |
| 2nd Low | |
| 3rd Low |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows