SOL/BTC – 1H – SELLThe combination Solana/Bitcoin (SOL/BTC) jumps from the ascending trendline downwards
The bearish trend down to the next support at 0.002023500 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 0.002098900 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three Black Crows’ candlestick pattern is discovered. The chart shows ‘Three Black Crows’. which 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 ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002313800 |
| 2nd High | 0.002231900 |
| Next High | 0.002098900 |
| Current Price | 0.002025400 |
| Next Low | 0.002023500 |
| 2nd Low | 0.002021100 |
| 3rd Low | 0.001939900 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows