Sell SOL/BTC – 30M – SELL

The combination Solana/Bitcoin (SOL/BTC) moves from the descending trendline down.

A continuation of the downtrend down to the next support level at 0.001486500 is certain.

Caution: A possible trend reversal in the direction of resistance at 0.001539900 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘RSI fall below 30’ indicator layout is discovered. The indicator shows ‘RSI fall below 30’. which could be a negative chart signal. The currency pair is likely to fall.

There is also a ‘Matching Low’ candlestick chart pattern is detected. The chart forms ‘Matching Low’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ heading up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 0.001546100
2nd High 0.001543800
Next High 0.001539900
Current Price 0.001455600
Next Low 0.001486500
2nd Low 0.001471000
3rd Low 0.001445000

0.001539900 – 0.001527600 – 0.001543800 – 0.001486500 – 0.001471000 – 0.001500000 — 30.087654162682 – 29.657404592149

Trading Signals:

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