The currency pair Solana/Bitcoin (SOL/BTC) jumps from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support at 0.00123 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 0.00124 is also possible.
Consider stop-loss settings accordingly.
Additionally a ‘Three Black Crows’ candle chart pattern is detected. The candles form ‘Three Black Crows’. this is a bearish chart scenario. The 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 | 0.00127 |
| 2nd High | 0.00126 |
| Next High | 0.00124 |
| Current Price | 0.001232500 |
| Next Low | 0.00123 |
| 2nd Low | 0.00122 |
| 3rd Low | 0.00121 |
0.00124 – 0.00126 – 0.00127 – 0.00123 – 0.00122 – 0.00121 —
0.001238100 – 0.001235200 —
49.326419495814 – 48.379051548004 —
– —
0.00124 – 1773529200
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows – Rising Wedge Chart Pattern – –