The pair Solana/Bitcoin (SOL/BTC) moves from the bearish trendline down.
A continuation of the downtrend downwards to the next support level at 0.001576200 is considered certain.
Caution: A possible change in the direction of the resistance line at 0.001652900 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Three Black Crows’ candlestick chart pattern is existing. The candles show ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.001758900 |
2nd High | 0.001653500 |
Next High | 0.001652900 |
Current Price | 0.001641100 |
Next Low | 0.001576200 |
2nd Low | 0.001482000 |
3rd Low |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows