SOL/BTC – 4H – SELLThe currency pair Solana/Bitcoin (SOL/BTC) goes from the bullish trendline downwards
A descending movement down to the next support at will persist.
Caution: A possible trend reversal in the direction of the resistance level at 0.002084300 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Three Black Crows’ chart pattern is detected. The candles form ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002174600 |
| 2nd High | 0.002135700 |
| Next High | 0.002084300 |
| Current Price | 0.001525500 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows