SOL/BTC – 30M – SELLThe currency pair Solana/Bitcoin (SOL/BTC) jumps from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support line at 0.001544300 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.001570100 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three Black Crows’ candle chart pattern is existing. The candles show ‘Three Black Crows’. this is a bearish chart scenario. 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 | 0.001621300 |
| 2nd High | 0.001573800 |
| Next High | 0.001570100 |
| Current Price | 0.001558300 |
| Next Low | 0.001544300 |
| 2nd Low | 0.001508800 |
| 3rd Low | 0.001500400 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows