SOL/BTC – 4H – SELLThe pair Solana/Bitcoin (SOL/BTC) goes from the descending trendline downwards
A continuation of the downward movement downwards to the next support at is considered certain.
Caution: A possible counter-trend in the direction of resistance at 0.002313800 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart forms ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘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 | 0.001863000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows