SOL/BTC – 1H – SELLThe currency pair Solana/Bitcoin (SOL/BTC) moves from the ascending trendline down.
A descent down to the next support line at 0.002017800 is expected.
Caution: A possible change in the direction of the resistance line at 0.002135300 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Bearish Harami’ candlestick pattern is found. The chart forms ‘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 likelyhood of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002232400 |
| 2nd High | 0.002204400 |
| Next High | 0.002135300 |
| Current Price | 0.002053400 |
| Next Low | 0.002017800 |
| 2nd Low | 0.001939900 |
| 3rd Low | 0.001872200 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bearish Harami