SOL/BTC – 1H – SELLThe pair Solana/Bitcoin (SOL/BTC) jumps from the bearish trendline downwards
A continuation of the downward movement downwards to the next support level at 0.001350600 will continue.
Caution: A possible change in the direction of the resistance line at 0.001409600 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles show ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001509500 |
| 2nd High | 0.001487300 |
| Next High | 0.001409600 |
| Current Price | 0.001361900 |
| Next Low | 0.001350600 |
| 2nd Low | 0.001288500 |
| 3rd Low | 0.001256200 |
0.001409600 – 0.001487300 – 0.001432000 – 0.001350600 – 0.001373900 – 0.001390100
Trading Signals: FOREX – SOL – SOL/BTC – BTC – Three Black Crows –