SOL/BTC – 30M – SELLThe pair Solana/Bitcoin (SOL/BTC) jumps from the bearish trendline downwards
A continuation of the downtrend down to the next support line at 0.001818700 is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at 0.001880600 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Two Crows’ candlestick pattern is detected. The chart forms ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001904700 |
| 2nd High | 0.001895800 |
| Next High | 0.001880600 |
| Current Price | 0.001829900 |
| Next Low | 0.001818700 |
| 2nd Low | 0.001804400 |
| 3rd Low | 0.001797600 |
0.001880600 – 0.001895800 – 0.001904700 – 0.001818700 – 0.001858100 – 0.001861200 — 45.683635970484 – 43.744545643363
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Two Crows – Rising Wedge Chart Pattern – –