SOL/BTC – 1H – SELLThe pair Solana/Bitcoin (SOL/BTC) jumps from the ascending trendline down.
A bearish trend down to the next support line at 0.001858500 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.001952400 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Two Crows’ candlestick chart pattern is found. The candles show ‘Two Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.001952400 |
| Current Price | 0.001890000 |
| Next Low | 0.001858500 |
| 2nd Low | 0.001844600 |
| 3rd Low | 0.001818200 |
0.001952400 – 0.001887700 – 0.001881300 – 0.001858500 – 0.001844600 – 0.001818200 — 51.293279631702 – 50.091352008213
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Two Crows – – –