The currency pair Solana/Bitcoin (SOL/BTC) moves from the bearish trendline down.
A continuation of the bearish trend downwards to the next support line at 0.00123 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 0.00125 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Matching Low’ candle pattern is discovered. The candles show ‘Matching Low’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00128 |
| 2nd High | 0.00126 |
| Next High | 0.00125 |
| Current Price | 0.001241000 |
| Next Low | 0.00123 |
| 2nd Low | 0.00121 |
| 3rd Low | 0.00118 |
0.00125 – 0.00123 – 0.00124 – 0.00123 – 0.00121 – 0.00123 —
0.001254000 – 0.001251800 —
60.994201567739 – 51.341689894088 —
– —
0.00125 – 1773025200
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Matching Low – – –