SOL/BTC – 30M – SELLThe pair Solana/Bitcoin (SOL/BTC) moves from the bullish trendline downwards
A descending movement downwards to the next support line at 0.002097500 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.002204400 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Bearish Harami’ candlestick chart pattern is existing. The candles form ‘Bearish Harami’. which is a bearish signal. The currency pair is likely to fall. 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 | 0.002293000 |
| 2nd High | 0.002232400 |
| Next High | 0.002204400 |
| Current Price | 0.002118000 |
| Next Low | 0.002097500 |
| 2nd Low | 0.002017800 |
| 3rd Low | 0.001943400 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bearish Harami