The pair Solana/Bitcoin (SOL/BTC) goes from the ascending trendline down.
A bearish descent down to the next support level at 0.001522800 will continue.
Caution: A possible change in the direction of resistance at 0.001739200 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘RSI fall below 30’ indicator signal is found. The indicator is ‘RSI fall below 30’. this is usually a bearish chart scenario. The currency pair could go down.
Additionally a ‘Three Black Crows’ candlestick pattern is discovered. The chart forms ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.001740400 |
| Next High | 0.001739200 |
| Current Price | 0.001543600 |
| Next Low | 0.001522800 |
| 2nd Low | 0.001347600 |
| 3rd Low | 0.001288500 |
0.001739200 – 0.001536300 – 0.001423500 – 0.001522800 – 0.001347600 – 0.001348800 — 40.545728301136 – 39.070827466498
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows – Rising Wedge Chart Pattern –