Sell SOL/BTC – 30M – SELL

The currency pair Solana/Bitcoin (SOL/BTC) jumps from the ascending trendline downwards

A descending movement down to the next support line at 0.002114300 will continue.

Caution: A possible counter-trend in the direction of the resistance line at 0.002232400 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Three Black Crows’ candlestick chart pattern is found. The candles form ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.002311000
2nd High 0.002293000
Next High 0.002232400
Current Price 0.002191600
Next Low 0.002114300
2nd Low 0.002017800
3rd Low 0.001943400

Download SOL/BTC Signal Image

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