SOL/BTC – 1H – SELLThe currency pair Solana/Bitcoin (SOL/BTC) jumps from the bullish trendline downwards
A descending movement downwards to the next support at 0.001610400 will continue.
Caution: A possible change in the direction of the resistance zone at 0.001697000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The currency pair could go down.
In addition a ‘Two Crows’ candlestick chart pattern is detected. The chart shows ‘Two 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 chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001739200 |
| 2nd High | 0.001720700 |
| Next High | 0.001697000 |
| Current Price | 0.001680300 |
| Next Low | 0.001610400 |
| 2nd Low | 0.001464100 |
| 3rd Low | 0.001456400 |
0.001697000 – 0.001555700 – 0.001586200 – 0.001610400 – 0.001464100 – 0.001508300 — 67.383758002456 – 62.55824396614
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Two Crows – Rising Wedge Chart Pattern – –