SOL/BTC – 1H – SELLThe combination Solana/Bitcoin (SOL/BTC) goes from the bullish trendline downwards
A descent downwards to the next support at 0.001984100 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.002034500 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Bearish Harami’ candlestick pattern is detected. The chart shows ‘Bearish Harami’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002127400 |
| 2nd High | 0.002060000 |
| Next High | 0.002034500 |
| Current Price | 0.001997600 |
| Next Low | 0.001984100 |
| 2nd Low | 0.001947200 |
| 3rd Low | 0.001906800 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bearish Harami