SOL/BTC – 30M – BUYThe currency pair Solana/Bitcoin (SOL/BTC) jumps from the ascending trendline downwards
A descending movement downwards to the next support line at 0.002027300 will continue.
Caution: A possible change in the direction of the resistance line at 0.002155900 should be noted.
Consider stop-loss settings accordingly.
In addition a ‘Above the Stomach’ candlestick chart pattern is existing. The candles form ‘Above the Stomach’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Above the Stomach’ going up is 66% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002177600 |
| 2nd High | 0.002156000 |
| Next High | 0.002155900 |
| Current Price | 0.002067800 |
| Next Low | 0.002027300 |
| 2nd Low | 0.001943400 |
| 3rd Low | 0.001939900 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Above the Stomach