SOL/BTC – 30M – BUYThe combination Solana/Bitcoin (SOL/BTC) moves from the bullish trendline down.
A descent down to the next support line at 0.002114300 is expected.
Caution: A possible change in the direction of the resistance level at 0.002232400 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Two Crows’ candlestick chart pattern is detected. The chart forms ‘Two Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002311000 |
| 2nd High | 0.002293000 |
| Next High | 0.002232400 |
| Current Price | 0.002198500 |
| Next Low | 0.002114300 |
| 2nd Low | 0.002017800 |
| 3rd Low | 0.001943400 |