The pair Solana/Bitcoin (SOL/BTC) jumps from the bullish trendline down.
A bearish movement downwards to the next support at 0.00113 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 0.00114 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The pair is likely to go down.
Moreover a ‘MACD crosses below signal’ indicator signal is found. The indicator is ‘MACD crosses below signal’. which could be a negative chart signal. The pair is likely to go down.
Moreover a ‘Bearish Belt Hold’ chart pattern is discovered. The candles show ‘Bearish Belt Hold’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00118 |
| 2nd High | 0.00115 |
| Next High | 0.00114 |
| Current Price | 0.001137000 |
| Next Low | 0.00113 |
| 2nd Low | 0.00111 |
| 3rd Low | 0.0011 |
0.00114 – 0.00112 – 0.00112 – 0.00113 – 0.00111 – 0.00111 —
0.001135200 – 0.001140600 —
53.813594258538 – 60.099446416149 —
– —
0.00114 – 1780354800
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bearish Belt Hold – – –