SOL/BTC – 30M – SELLThe pair Solana/Bitcoin (SOL/BTC) goes from the bullish trendline down.
A descent downwards to the next support level at 0.001943400 will persist.
Caution: A possible counter-trend in the direction of the resistance level at 0.002056100 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Bearish Harami’ candlestick pattern is existing. The candles show ‘Bearish Harami’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002156000 |
| 2nd High | 0.002155900 |
| Next High | 0.002056100 |
| Current Price | 0.002047400 |
| Next Low | 0.001943400 |
| 2nd Low | 0.001939900 |
| 3rd Low | 0.001878000 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bearish Harami