SOL/BTC – 30M – SELL

The currency pair Solana/Bitcoin (SOL/BTC) jumps from the bullish trendline downwards

A bearish trend downwards to the next support at 0.001567700 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.001655200 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three Black Crows’ candlestick pattern is detected. The candles form ‘Three Black Crows’. which 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 likelyhood of ‘Three Black Crows’ heading down is 82%.

0.001655200 – 0.001641300 – 0.001608800 – 0.001567700 – 0.001562300 – 0.001622400 — 44.210327063639 – 42.740910243277

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows – Rising Wedge Chart Pattern – –