SOL/BTC – 30M – SELLThe currency pair Solana/Bitcoin (SOL/BTC) goes from the bearish trendline downwards
A continuation of the downtrend downwards to the next support at is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.001758900 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Two Crows’ candle chart pattern is discovered. The chart forms ‘Two Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001794300 |
| 2nd High | 0.001793300 |
| Next High | 0.001758900 |
| Current Price | 0.001610900 |
| Next Low | |
| 2nd Low | |
| 3rd Low |