SOL/BTC – 4H – SELLThe combination Solana/Bitcoin (SOL/BTC) moves from the bearish trendline downwards
A continuation of the bearish trend down to the next support at will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 0.001509500 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair could go down.
Besides a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001632600 |
| 2nd High | 0.001560000 |
| Next High | 0.001509500 |
| Current Price | 0.001453200 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.001509500 – 0.001560000 – 0.001632600 – 0.001360100 – 0.001407200 – 0.001407400
Trading Signals: FOREX – SOL – SOL/BTC – BTC – Three Black Crows