SOL/BTC – 30M – SELLThe combination Solana/Bitcoin (SOL/BTC) moves from the descending trendline down.
A continuation of the downtrend down to the next support level at 0.001825600 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.001888900 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Two Crows’ candlestick chart pattern is detected. The candles show ‘Two Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001938500 |
| 2nd High | 0.001909900 |
| Next High | 0.001888900 |
| Current Price | 0.001874400 |
| Next Low | 0.001825600 |
| 2nd Low | 0.001818200 |
| 3rd Low | 0.001741500 |
0.001888900 – 0.001909900 – 0.001938500 – 0.001825600 – 0.001858500 – 0.001875600 — 56.226521524937 – 54.355206938288
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Two Crows – – –