SOL/BTC – 1H – SELLThe combination Solana/Bitcoin (SOL/BTC) jumps from the descending trendline downwards
A continuation of the downward movement downwards to the next support level at 0.001951500 is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.002035900 could happen.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Three Black Crows’ candle chart pattern is detected. The chart forms ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002135300 |
| 2nd High | 0.002090600 |
| Next High | 0.002035900 |
| Current Price | 0.001984000 |
| Next Low | 0.001951500 |
| 2nd Low | 0.001939900 |
| 3rd Low | 0.001872200 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows