SOL/BTC – 1H – SELLThe combination Solana/Bitcoin (SOL/BTC) goes from the descending trendline downwards
A continuation of the downward movement down to the next support at 0.002297700 is expected.
Caution: A possible change in the direction of the resistance zone at 0.002524200 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles form ‘Three Black Crows’. which is a negative signal. 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 | 0.002550000 |
| 2nd High | 0.002534500 |
| Next High | 0.002524200 |
| Current Price | 0.002449600 |
| Next Low | 0.002297700 |
| 2nd Low | 0.002250700 |
| 3rd Low | 0.002247800 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows