SOL/BTC – 4H – SELLThe currency pair Solana/Bitcoin (SOL/BTC) goes from the bullish trendline downwards
The bearish trend downwards to the next support at 0.002440100 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.002681000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Three Black Crows’ candlestick chart pattern is found. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. 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 | |
| 2nd High | 0.002711100 |
| Next High | 0.002681000 |
| Current Price | 0.002509200 |
| Next Low | 0.002440100 |
| 2nd Low | 0.002334200 |
| 3rd Low | 0.002310300 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows