SOL/BTC – 30M – SELLThe combination Solana/Bitcoin (SOL/BTC) moves from the ascending trendline downwards
A descending movement down to the next support at 0.002596700 will continue.
Caution: A possible trend reversal in the direction of resistance at 0.002668600 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 0.00256515 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support zone at 0.002668600 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Three Black Crows’ candlestick pattern is found. The chart forms ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002693600 |
| 2nd High | 0.002681000 |
| Next High | 0.002668600 |
| Current Price | 0.002624800 |
| Next Low | 0.002596700 |
| 2nd Low | 0.002535200 |
| 3rd Low | 0.002449300 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows