SOL/BTC – 30M – SELLThe pair Solana/Bitcoin (SOL/BTC) goes from the descending trendline downwards
A continuation of the bearish trend downwards to the next support at is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.00107 could happen.
Consider stop-loss settings accordingly.
And also a ‘Matching Low’ candle chart pattern is discovered. The chart shows ‘Matching Low’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00109 |
| 2nd High | 0.00108 |
| Next High | 0.00107 |
| Current Price | 0.001063500 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.00107 – 0.00107 – 0.00108 – 0.00107 – 0.00107 – 0.00107 —
0.001066700 – 0.001065200 —
48.326460216871 – 46.62320393243 —
– —
0.00107 – 1777861800
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Matching Low – Symmetrical Triangle Chart Pattern – –