SOL/BTC – 30M – SELLThe combination Solana/Bitcoin (SOL/BTC) jumps from the ascending trendline down.
A bearish movement down to the next support level at 0.001910000 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 0.001947000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Last Engulfing Top’ candlestick pattern is detected. The candles form ‘Last Engulfing Top’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Last Engulfing Top’ heading down is 68% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.001952400 |
| Next High | 0.001947000 |
| Current Price | 0.001957600 |
| Next Low | 0.001910000 |
| 2nd Low | 0.001895600 |
| 3rd Low | 0.001862400 |
0.001947000 – 0.001931800 – 0.001925300 – 0.001910000 – 0.001895600 – 0.001862400 — 68.749780330617 – 59.971433238139
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Last Engulfing Top – – –