SOL/BTC – 1H – SELLThe pair Solana/Bitcoin (SOL/BTC) goes from the bearish trendline downwards
A continuation of the downward movement down to the next support line at 0.002023500 is considered certain.
Caution: A possible change in the direction of the resistance zone at 0.002076400 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Two Crows’ candle pattern is found. The chart shows ‘Two Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002313800 |
| 2nd High | 0.002231900 |
| Next High | 0.002076400 |
| Current Price | 0.002046600 |
| Next Low | 0.002023500 |
| 2nd Low | 0.002021100 |
| 3rd Low | 0.001939900 |