SOL/BTC – 30M – SELLFurthermore a ‘Symmetrical Triangle Chart Pattern’ chart pattern is detected. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.
The pair Solana/Bitcoin (SOL/BTC) jumps from the bullish trendline downwards
A descending movement down to the next support level at 0.001944700 is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.001980200 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Last Engulfing Top’ candle chart pattern is detected. The chart shows ‘Last Engulfing Top’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.001986100 |
| Next High | 0.001980200 |
| Current Price | 0.001950600 |
| Next Low | 0.001944700 |
| 2nd Low | 0.001910000 |
| 3rd Low | 0.001895600 |
0.001980200 – 0.001986100 – 0.001947000 – 0.001944700 – 0.001910000 – 0.001895600 — 45.160755929294 – 43.320759260032
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Last Engulfing Top – Symmetrical Triangle Chart Pattern – –