SOL/BTC – 1H – SELLThe combination Solana/Bitcoin (SOL/BTC) goes from the ascending trendline down.
A bearish trend down to the next support line at 0.001486200 is likely expected.
Caution: A possible change in the direction of the resistance line at 0.001536300 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair could go down.
In addition a ‘Three Black Crows’ chart pattern is detected. The chart shows ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. 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 | 0.001616800 |
| 2nd High | 0.001560000 |
| Next High | 0.001536300 |
| Current Price | 0.001532000 |
| Next Low | 0.001486200 |
| 2nd Low | 0.001479400 |
| 3rd Low | 0.001445000 |
0.001536300 – 0.001503600 – 0.001395300 – 0.001486200 – 0.001479400 – 0.001445000
Trading Signals: FOREX – SOL – SOL/BTC – BTC – Three Black Crows –