SOL/BTC – 1H – SELLThe combination Solana/Bitcoin (SOL/BTC) jumps from the ascending trendline downwards
A descent downwards to the next support at 0.001968100 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.002035900 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Bearish Harami’ candle chart pattern is existing. The chart forms ‘Bearish Harami’. this is a bearish signal. 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 | 0.002135300 |
| 2nd High | 0.002090600 |
| Next High | 0.002035900 |
| Current Price | 0.001979600 |
| Next Low | 0.001968100 |
| 2nd Low | 0.001939900 |
| 3rd Low | 0.001872200 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bearish Harami