SOL/BTC – 1H – BUYThe pair Solana/Bitcoin (SOL/BTC) goes from the bullish trendline down.
A bearish movement downwards to the next support line at 0.001939900 is expected.
Caution: A possible change in the direction of the resistance zone at 0.002231900 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Below The Stomach’ candle pattern is found. The chart shows ‘Below The Stomach’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Below The Stomach’ going down is 60% (Bull Market) & 65% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002322500 |
| 2nd High | 0.002313800 |
| Next High | 0.002231900 |
| Current Price | 0.002057900 |
| Next Low | 0.001939900 |
| 2nd Low | 0.001872200 |
| 3rd Low | 0.001842700 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Below The Stomach