SOL/BTC – 1H – SELLThe combination Solana/Bitcoin (SOL/BTC) jumps from the bearish trendline downwards
A continuation of the downward movement down to the next support at 0.001818700 is certain.
Caution: A possible reversal of the trend in the direction of resistance at 0.001856700 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Two Crows’ candle pattern is found. 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 success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001905000 |
| 2nd High | 0.001904700 |
| Next High | 0.001856700 |
| Current Price | 0.001836600 |
| Next Low | 0.001818700 |
| 2nd Low | 0.001804400 |
| 3rd Low | 0.001797600 |
0.001856700 – 0.001904700 – 0.001905000 – 0.001818700 – 0.001858100 – 0.001804400 — 46.622924488434 – 46.423074223327
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Two Crows – Symmetrical Triangle Chart Pattern – –