SOL/BTC – 30M – SELLThe currency pair Solana/Bitcoin (SOL/BTC) jumps from the ascending trendline down.
A descending movement down to the next support line at 0.002114300 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.002204400 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Bearish Belt Hold’ candle pattern is existing. The candles show ‘Bearish Belt Hold’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002293000 |
| 2nd High | 0.002232400 |
| Next High | 0.002204400 |
| Current Price | 0.002126600 |
| Next Low | 0.002114300 |
| 2nd Low | 0.002017800 |
| 3rd Low | 0.001943400 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bearish Belt Hold