SOL/BTC – 1H – SELLThe pair Solana/Bitcoin (SOL/BTC) jumps from the bearish trendline downwards
A continuation of the downward movement down to the next support line at 0.002001500 is considered certain.
Caution: A possible counter-trend in the direction of resistance at 0.002149000 should always be considered.
Consider stop-loss settings accordingly.
And also a ‘Two Crows’ chart pattern is existing. The candles show ‘Two Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.002155500 |
| Next High | 0.002149000 |
| Current Price | 0.002106200 |
| Next Low | 0.002001500 |
| 2nd Low | 0.001941100 |
| 3rd Low | 0.001910000 |
0.002064900 – 0.002149000 – 0.002155500 – 0.002001500 – 0.002012200 – 0.002007100 — 73.517171965613 – 72.728382543103
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Two Crows – Triple bottom chart pattern – –