SOL/BTC – 30M – SELLThe combination Solana/Bitcoin (SOL/BTC) jumps from the descending trendline downwards
A continuation of the downward movement down to the next support at 0.00127 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.00128 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The pair is likely to go down.
Also there is a ‘Three Black Crows’ candlestick pattern is discovered. The candles show ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00131 |
| 2nd High | 0.00129 |
| Next High | 0.00128 |
| Current Price | 0.001273700 |
| Next Low | 0.00127 |
| 2nd Low | 0.00126 |
| 3rd Low | 0.00125 |
0.00128 – 0.00128 – 0.00128 – 0.00127 – 0.00126 – 0.00126 —
0.001271900 – 0.001275500 —
53.432063909979 – 57.694049681957 —
– —
0.00128 – 1774017000
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows – Rising Wedge Chart Pattern – –