SOL/BTC – 30M – SELLThe combination Solana/Bitcoin (SOL/BTC) jumps from the bearish trendline downwards
A continuation of the downtrend downwards to the next support at 0.002021100 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 0.002067700 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Two Crows’ candlestick pattern is detected. The candles show ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002155900 |
| 2nd High | 0.002076400 |
| Next High | 0.002067700 |
| Current Price | 0.002056000 |
| Next Low | 0.002021100 |
| 2nd Low | 0.001943400 |
| 3rd Low | 0.001939900 |