SOL/BTC – 30M – SELLThe combination Solana/Bitcoin (SOL/BTC) goes from the bullish trendline down.
A bearish trend downwards to the next support line at 0.001741500 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.001881300 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair could go down.
Additionally a ‘Three Black Crows’ candle pattern is discovered. The chart shows ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.001881300 |
| Current Price | 0.001832800 |
| Next Low | 0.001741500 |
| 2nd Low | 0.001701500 |
| 3rd Low | 0.001685800 |
0.001776900 – 0.001721600 – 0.001881300 – 0.001741500 – 0.001701500 – 0.001685800 — 51.427973091912 – 47.215282469329
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows – Rising Wedge Chart Pattern – –