SOL/BTC – 30M – SELLThe currency pair Solana/Bitcoin (SOL/BTC) moves from the bullish trendline downwards
The bearish trend downwards to the next support at 0.001943400 will persist.
Caution: A possible trend reversal in the direction of resistance at 0.002056100 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Bearish Harami’ candlestick chart pattern is existing. The candles form ‘Bearish Harami’. 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 success rate of a ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002156000 |
| 2nd High | 0.002155900 |
| Next High | 0.002056100 |
| Current Price | 0.002047700 |
| Next Low | 0.001943400 |
| 2nd Low | 0.001939900 |
| 3rd Low | 0.001878000 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bearish Harami