SOL/BTC – 1H – SELLThe currency pair Solana/Bitcoin (SOL/BTC) jumps from the bullish trendline downwards
A descent downwards to the next support level at 0.00128 is certain.
Caution: A possible change in the direction of resistance at 0.00132 is also possible.
Consider stop-loss settings accordingly.
Moreover a ‘Three Black Crows’ candle chart pattern is discovered. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00141 |
| 2nd High | 0.00133 |
| Next High | 0.00132 |
| Current Price | 0.001254300 |
| Next Low | 0.00128 |
| 2nd Low | 0.00121 |
| 3rd Low | 0.0012 |
0.00132 – 0.00127 – 0.00126 – 0.00128 – 0.00121 – 0.0012 —
0.001296900 – 0.001273300 —
58.534102050489 – 36.03376121839 —
– —
0.00132 – 1772053200
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows – – –