The combination Solana/Bitcoin (SOL/BTC) goes from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support at 0.00122 will persist.
Caution: A possible change in the direction of the resistance level at 0.00126 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Matching Low’ candlestick pattern is discovered. The chart shows ‘Matching Low’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00133 |
| 2nd High | 0.0013 |
| Next High | 0.00126 |
| Current Price | 0.001250900 |
| Next Low | 0.00122 |
| 2nd Low | 0.00112 |
| 3rd Low |
0.00126 – 0.00126 – 0.0013 – 0.00122 – 0.00112 – 0.00124 —
0.001239300 – 0.001252700 —
49.982949432324 – 60.218684778105 —
– —
0.00126 – 1770415200
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Matching Low – Rising Wedge Chart Pattern – –