SOL/BTC – 1H – SELLThe combination Solana/Bitcoin (SOL/BTC) jumps from the bullish trendline down.
A bearish trend down to the next support level at 0.001939900 will persist.
Caution: A possible change in the direction of the resistance level at 0.002056100 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart shows ‘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 success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002313800 |
| 2nd High | 0.002231900 |
| Next High | 0.002056100 |
| Current Price | 0.002032300 |
| Next Low | 0.001939900 |
| 2nd Low | 0.001872200 |
| 3rd Low | 0.001842700 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows