Sell SOL/BTC – 1H – SELL

The pair Solana/Bitcoin (SOL/BTC) goes from the bearish trendline down.

A continuation of the downtrend down to the next support line at 0.002136400 is likely expected.

Caution: A possible change in the direction of the resistance line at 0.002231900 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Three Black Crows’ candle chart pattern is detected. The chart forms ‘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 probability of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.002322500
2nd High 0.002313800
Next High 0.002231900
Current Price 0.002125700
Next Low 0.002136400
2nd Low
3rd Low

Download SOL/BTC Signal Image

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