The combination Solana/Bitcoin (SOL/BTC) goes from the bullish trendline down.
A descent downwards to the next support at 0.002054400 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.002090200 could be enabled.
Consider stop-loss settings accordingly.
And also a ‘Three Black Crows’ candlestick chart pattern is detected. The chart forms ‘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 likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002155500 |
| 2nd High | 0.002154500 |
| Next High | 0.002090200 |
| Current Price | 0.002053200 |
| Next Low | 0.002054400 |
| 2nd Low | 0.002045100 |
| 3rd Low | 0.002036200 |
0.002090200 – 0.002077700 – 0.002075700 – 0.002054400 – 0.002045100 – 0.002036200 — 34.956448531623 – 32.523560411108
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows – Double bottom retreat down – –