SOL/BTC – 30M – SELLNext a ‘Double top chart pattern’ chart pattern is found. The chart picture forms ‘Double top chart pattern’. this is a bearish pattern signal. The currency pair is likely to fall.
The combination Solana/Bitcoin (SOL/BTC) jumps from the ascending trendline downwards
A bearish trend down to the next support at 0.001352100 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 0.001392000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Three Black Crows’ candle pattern is detected. The chart shows ‘Three Black Crows’. this is a bearish chart scenario. 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 | 0.001487300 |
| 2nd High | 0.001423500 |
| Next High | 0.001392000 |
| Current Price | 0.001359500 |
| Next Low | 0.001352100 |
| 2nd Low | 0.001350600 |
| 3rd Low | 0.001321400 |
0.001392000 – 0.001423500 – 0.001421100 – 0.001360400 – 0.001386000 – 0.001367700
Trading Signals: FOREX – SOL – SOL/BTC – BTC – Three Black Crows – Double top chart pattern