Sell SOL/BTC – 30M – SELL

The combination Solana/Bitcoin (SOL/BTC) goes from the bearish trendline downwards

A continuation of the downtrend downwards to the next support at 0.002148100 is expected.

Caution: A possible trend reversal in the direction of the resistance zone at 0.002249000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Bearish Engulfing’ candle pattern is found. The chart shows ‘Bearish Engulfing’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ heading down is 79%.

Support & Resistance Price Range*
3rd High 0.002377000
2nd High 0.002322500
Next High 0.002249000
Current Price 0.002244300
Next Low 0.002148100
2nd Low
3rd Low

Download SOL/BTC Signal Image

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