The pair Solana/Bitcoin (SOL/BTC) goes from the ascending trendline down.
A descent downwards to the next support line at 0.002538800 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.002666100 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Three Black Crows’ candlestick pattern is detected. The chart shows ‘Three Black Crows’. this 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 | 0.002691600 |
2nd High | 0.002675400 |
Next High | 0.002666100 |
Current Price | 0.002613400 |
Next Low | 0.002538800 |
2nd Low | 0.002356800 |
3rd Low | 0.002334200 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows