The pair Solana/Bitcoin (SOL/BTC) jumps from the ascending trendline down.
A bearish movement down to the next support level at 0.002020000 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 0.002106800 is within the realm of possibility.
Consider stop-loss settings accordingly.
Then a ‘Three Black Crows’ candlestick pattern is existing. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002155500 |
| 2nd High | 0.002149000 |
| Next High | 0.002106800 |
| Current Price | 0.002020400 |
| Next Low | 0.002020000 |
| 2nd Low | 0.001941100 |
| 3rd Low | 0.001910000 |
0.002106800 – 0.002149000 – 0.002155500 – 0.002020000 – 0.002076700 – 0.002047100 — 34.846209107354 – 33.87958908726
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows – Triple bottom chart pattern – –