SOL/BTC – 1H – SELLThe combination Solana/Bitcoin (SOL/BTC) goes from the bullish trendline downwards
The bearish trend downwards to the next support at 0.001939900 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.002231900 could occur.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Bearish Meeting Lines’ candle chart pattern is found. The candles form ‘Bearish Meeting Lines’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Meeting Lines’ going down is 51% (Bull Market) & 53% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002322500 |
| 2nd High | 0.002313800 |
| Next High | 0.002231900 |
| Current Price | 0.002058600 |
| Next Low | 0.001939900 |
| 2nd Low | 0.001872200 |
| 3rd Low | 0.001842700 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bearish Meeting Lines