SOL/BTC – 30M – SELLThe pair Solana/Bitcoin (SOL/BTC) moves from the ascending trendline down.
A bearish movement downwards to the next support line at 0.002021100 will continue.
Caution: A possible change in the direction of the resistance level at 0.002067700 is within the realm of possibility.
Consider stop-loss settings accordingly.
Moreover a ‘Two-Candle Shooting Star’ candlestick pattern is existing. The candles show ‘Two-Candle Shooting Star’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two-Candle Shooting Star’ going down is 61% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002155900 |
| 2nd High | 0.002076400 |
| Next High | 0.002067700 |
| Current Price | 0.002043000 |
| Next Low | 0.002021100 |
| 2nd Low | 0.001943400 |
| 3rd Low | 0.001939900 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Two-Candle Shooting Star