The combination Solana/Bitcoin (SOL/BTC) jumps from the bearish trendline downwards
A continuation of the downtrend down to the next support level at 0.002151300 is considered certain.
Caution: A possible change in the direction of the resistance zone at 0.002232400 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Three Black Crows’ chart pattern is detected. The chart shows ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability 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 | 0.002150000 |
Next Low | 0.002151300 |
2nd Low | 0.002114300 |
3rd Low | 0.002017800 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows