The currency pair Solana/Bitcoin (SOL/BTC) moves from the bearish trendline down.
A continuation of the bearish trend downwards to the next support level at 0.001443900 is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.001539900 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘StochRSI cross above 20’ indicator signal is found. The indicator is ‘StochRSI cross above 20’. this is usually a bearish chart signal. The pair is likely to go down.
And also a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which is often a bearish signal. The currency pair could go down.
And also a ‘Three Black Crows’ candle chart pattern is existing. The chart forms ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. 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 | 0.001546100 |
| 2nd High | 0.001543800 |
| Next High | 0.001539900 |
| Current Price | 0.001466000 |
| Next Low | 0.001443900 |
| 2nd Low | 0.001396000 |
| 3rd Low | 0.001357400 |
0.001539900 – 0.001527600 – 0.001543800 – 0.001443900 – 0.001452600 – 0.001486500 — 45.952734128461 – 44.864081560843
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows – – –