SOL/BTC – 30M – SELLThe combination Solana/Bitcoin (SOL/BTC) jumps from the descending trendline down.
A continuation of the downtrend downwards to the next support level at 0.00122 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.00126 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Matching Low’ candlestick pattern is discovered. The chart shows ‘Matching Low’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood 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 – –