SOL/BTC – 30M – SELLThe combination Solana/Bitcoin (SOL/BTC) moves from the bullish trendline downwards
A descent downwards to the next support level at 0.002017800 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 0.002135300 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Tweezers Top’ candle chart pattern is existing. The candles form ‘Tweezers Top’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002232400 |
| 2nd High | 0.002204400 |
| Next High | 0.002135300 |
| Current Price | 0.002085200 |
| Next Low | 0.002017800 |
| 2nd Low | 0.001943400 |
| 3rd Low | 0.001939900 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Tweezers Top