Sell SOL/BTC – 30M – SELL

The pair Solana/Bitcoin (SOL/BTC) moves from the bullish trendline downwards

A descending movement down to the next support level at 0.002027300 is expected.

Caution: A possible change in the direction of the resistance zone at 0.002135300 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Bearish Harami’ candle pattern is existing. The chart forms ‘Bearish Harami’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).

Support & Resistance Price Range*
3rd High 0.002232400
2nd High 0.002204400
Next High 0.002135300
Current Price 0.002084400
Next Low 0.002027300
2nd Low 0.002026600
3rd Low 0.002017800

Download SOL/BTC Signal Image

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