SOL/BTC – 30M – SELLIn addition a ‘Double top retreat up’ chart pattern is detected. The chart shows ‘Double top retreat up’. which is a bullish signal. The currency pair is likely to go up.
The combination Solana/Bitcoin (SOL/BTC) moves from the bullish trendline down.
A bearish trend down to the next support at 0.001376800 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.001403100 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Three Black Crows’ candlestick pattern is discovered. The candles form ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001509500 |
| 2nd High | 0.001403600 |
| Next High | 0.001403100 |
| Current Price | 0.001378900 |
| Next Low | 0.001376800 |
| 2nd Low | 0.001372000 |
| 3rd Low | 0.001345600 |
0.001403100 – 0.001403600 – 0.001392800 – 0.001376800 – 0.001372000 – 0.001439000
Trading Signals: FOREX – SOL – SOL/BTC – BTC – Three Black Crows