SOL/BTC – 30M – SELLThe currency pair Solana/Bitcoin (SOL/BTC) moves from the bearish trendline downwards
A continuation of the downward movement down to the next support at 0.001522700 is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.001543800 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Matching Low’ candlestick pattern is discovered. The chart shows ‘Matching Low’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001567700 |
| 2nd High | 0.001546100 |
| Next High | 0.001543800 |
| Current Price | 0.001525100 |
| Next Low | 0.001522700 |
| 2nd Low | 0.001490300 |
| 3rd Low | 0.001486200 |
0.001543800 – 0.001546100 – 0.001567700 – 0.001522700 – 0.001523300 – 0.001538100 — 39.282672483968 – 38.853272611615
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Matching Low – Triple top chart pattern –