SOL/BTC – 30M – SELLThe pair Solana/Bitcoin (SOL/BTC) moves from the ascending trendline down.
A bearish descent downwards to the next support level at 0.002026600 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 0.002135300 should be noted.
Consider stop-loss settings accordingly.
In addition a ‘Tweezers Top’ candlestick pattern is discovered. The chart shows ‘Tweezers Top’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘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 | 0.002026600 |
| 2nd Low | 0.002017800 |
| 3rd Low | 0.001943400 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Tweezers Top