SOL/BTC – 30M – SELLThe pair Solana/Bitcoin (SOL/BTC) moves from the descending trendline downwards
A continuation of the downtrend downwards to the next support line at 0.002474500 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.002514000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Three Black Crows’ chart pattern is found. The candles form ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002599900 |
| 2nd High | 0.002550000 |
| Next High | 0.002514000 |
| Current Price | 0.002499500 |
| Next Low | 0.002474500 |
| 2nd Low | 0.002452300 |
| 3rd Low | 0.002427200 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows