SOL/BTC – 1H – SELLThe combination Solana/Bitcoin (SOL/BTC) jumps from the bullish trendline downwards
A bearish descent down to the next support level at 0.002017800 is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.002135300 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Tweezers Top’ candle pattern is found. The chart shows ‘Tweezers Top’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002232400 |
| 2nd High | 0.002204400 |
| Next High | 0.002135300 |
| Current Price | 0.002071100 |
| Next Low | 0.002017800 |
| 2nd Low | 0.001939900 |
| 3rd Low | 0.001872200 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Tweezers Top