SOL/BTC – 1H – SELLThe currency pair Solana/Bitcoin (SOL/BTC) jumps from the bullish trendline down.
A bearish trend down to the next support at 0.002017800 is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.002090600 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Bearish Harami’ candlestick chart pattern is existing. The chart shows ‘Bearish Harami’. which is a negative chart scenario. The 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 | 0.002204400 |
| 2nd High | 0.002135300 |
| Next High | 0.002090600 |
| Current Price | 0.002021600 |
| Next Low | 0.002017800 |
| 2nd Low | 0.001939900 |
| 3rd Low | 0.001872200 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bearish Harami