SOL/BTC – 4H – SELLThe pair Solana/Bitcoin (SOL/BTC) jumps from the bearish trendline down.
A continuation of the bearish trend down to the next support line at will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 0.002313800 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Three Black Crows’ candlestick pattern is discovered. The candles show ‘Three Black Crows’. which is a bearish chart scenario. 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 | 0.002681000 |
| 2nd High | 0.002550000 |
| Next High | 0.002313800 |
| Current Price | 0.002014000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows