The pair Solana/Bitcoin (SOL/BTC) goes from the bearish trendline down.
A continuation of the bearish trend downwards to the next support line at 0.00109 is likely expected.
Caution: A possible change in the direction of the resistance level at 0.00111 could occur.
Consider stop-loss settings accordingly.
Then a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bearish signal. The currency pair could go down.
Then a ‘Three Black Crows’ candle pattern is found. The candles show ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00114 |
| 2nd High | 0.00112 |
| Next High | 0.00111 |
| Current Price | 0.001094900 |
| Next Low | 0.00109 |
| 2nd Low | |
| 3rd Low |
0.00111 – 0.00111 – 0.00112 – 0.00109 – 0.0011 – 0.0011 —
0.001095400 – 0.001102200 —
35.579690017594 – 55.257627937368 —
– —
0.00111 – 1777257000
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows – – –