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 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows