SOL/BTC – 30M – SELLThe pair Solana/Bitcoin (SOL/BTC) jumps from the bearish trendline down.
A continuation of the downtrend down to the next support level at 0.001989100 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.002031300 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Three Black Crows’ candlestick pattern is existing. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002156000 |
| 2nd High | 0.002155900 |
| Next High | 0.002031300 |
| Current Price | 0.001870300 |
| Next Low | 0.001989100 |
| 2nd Low | |
| 3rd Low |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows