SOL/BTC – 30M – SELLThe currency pair Solana/Bitcoin (SOL/BTC) moves from the descending trendline downwards
A continuation of the downtrend down to the next support line at 0.001957800 is likely expected.
Caution: A possible change in the direction of the resistance zone at 0.002000800 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Three Black Crows’ chart pattern is existing. The candles form ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002056100 |
| 2nd High | 0.002009000 |
| Next High | 0.002000800 |
| Current Price | 0.001947200 |
| Next Low | 0.001957800 |
| 2nd Low | 0.001957600 |
| 3rd Low | 0.001878000 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows