SOL/BTC – 4H – SELLThe pair Solana/Bitcoin (SOL/BTC) jumps from the ascending trendline down.
A bearish trend downwards to the next support line at 0.001939900 will persist.
Caution: A possible change in the direction of the resistance zone at 0.002056100 could happen.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Two Crows’ candlestick pattern is found. The chart shows ‘Two Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002550000 |
| 2nd High | 0.002313800 |
| Next High | 0.002056100 |
| Current Price | 0.002049300 |
| Next Low | 0.001939900 |
| 2nd Low | 0.001842700 |
| 3rd Low |