SOL/BTC – 30M – SELLThe combination Solana/Bitcoin (SOL/BTC) moves from the ascending trendline downwards
A bearish movement down to the next support at 0.002465900 is certain.
Caution: A possible reversal of the trend in the direction of resistance at 0.002550000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Bearish Engulfing’ candle pattern is detected. The chart forms ‘Bearish Engulfing’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002646300 |
| 2nd High | 0.002599900 |
| Next High | 0.002550000 |
| Current Price | 0.002481400 |
| Next Low | 0.002465900 |
| 2nd Low | 0.002461000 |
| 3rd Low | 0.002427200 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bearish Engulfing