Sell SOL/BTC – 30M – SELL

The currency pair Solana/Bitcoin (SOL/BTC) goes from the bullish trendline down.

A bearish movement downwards to the next support level at 0.00149 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.00153 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. this is usually a bearish signal. The pair is likely to go down.

Furthermore a ‘Shooting Star’ candlestick chart pattern is existing. The chart shows ‘Shooting Star’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Shooting Star’ heading down is 59% (Bull Market) & 60% (Bear Market).

Support & Resistance Price Range*
3rd High 0.00187
2nd High 0.00184
Next High 0.00153
Current Price 0.001517900
Next Low 0.00149
2nd Low 0.00147
3rd Low 0.00146

0.00151 – 0.0015 – 0.00149 – 0.00149 – 0.00149 – 0.00147 — 64.194288252114 – 63.889957851425 — 89.070606256693 – 84.111947272638 – 94.265300729829 – 90.015067165243

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