SOL/BTC – 1H – SELLThe pair Solana/Bitcoin (SOL/BTC) goes from the ascending trendline downwards
A descent downwards to the next support at 0.002023500 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 0.002076400 is also possible.
Consider stop-loss settings accordingly.
In addition a ‘Bearish Harami’ candlestick pattern is existing. The candles show ‘Bearish Harami’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002313800 |
| 2nd High | 0.002231900 |
| Next High | 0.002076400 |
| Current Price | 0.002053200 |
| Next Low | 0.002023500 |
| 2nd Low | 0.002021100 |
| 3rd Low | 0.001939900 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bearish Harami