SOL/BTC – 30M – SELLThe pair Solana/Bitcoin (SOL/BTC) moves from the descending trendline downwards
A continuation of the bearish trend down to the next support line at 0.002356800 will persist.
Caution: A possible trend reversal in the direction of resistance at 0.002526600 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Three Black Crows’ candle chart pattern is discovered. The candles form ‘Three Black Crows’. this 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 ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002693600 |
| 2nd High | 0.002571300 |
| Next High | 0.002526600 |
| Current Price | 0.002468800 |
| Next Low | 0.002356800 |
| 2nd Low | 0.002334200 |
| 3rd Low | 0.002310300 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows