SOL/BTC – 1H – SELLThe combination Solana/Bitcoin (SOL/BTC) goes from the descending trendline downwards
A continuation of the downward movement down to the next support line at 0.00137 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.00143 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair could go down.
Moreover a ‘MACD crosses below signal’ indicator layout is found. The indicator shows ‘MACD crosses below signal’. this is usually a bearish signal. The currency pair could go down.
Moreover a ‘Collapsing Doji Star’ candlestick pattern is existing. The candles show ‘Collapsing Doji Star’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Collapsing Doji Star’ heading down is 63% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00146 |
| 2nd High | 0.00145 |
| Next High | 0.00143 |
| Current Price | 0.001378400 |
| Next Low | 0.00137 |
| 2nd Low | 0.00136 |
| 3rd Low | 0.00135 |
0.00143 – 0.00142 – 0.00141 – 0.00137 – 0.0014 – 0.00136 —
0.001393000 – 0.001395100 —
41.399918465472 – 48.394971334427 —
– —
0.00143 – 1769529600
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Collapsing Doji Star – – –