SOL/BTC – 1H – SELLThe currency pair Solana/Bitcoin (SOL/BTC) goes from the bearish trendline down.
A continuation of the downward movement downwards to the next support at 0.002452300 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.002550000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three Black Crows’ candlestick pattern is discovered. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002681000 |
| 2nd High | 0.002599900 |
| Next High | 0.002550000 |
| Current Price | 0.002483800 |
| Next Low | 0.002452300 |
| 2nd Low | 0.002423400 |
| 3rd Low | 0.002356800 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows