SOL/BTC – 30M – SELLThe currency pair Solana/Bitcoin (SOL/BTC) jumps from the ascending trendline downwards
A bearish descent downwards to the next support line at 0.00122 is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.00127 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Matching Low’ candlestick pattern is existing. The candles show ‘Matching Low’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0013 |
| 2nd High | 0.00129 |
| Next High | 0.00127 |
| Current Price | 0.001213800 |
| Next Low | 0.00122 |
| 2nd Low | 0.00118 |
| 3rd Low | 0.00117 |
0.00127 – 0.00127 – 0.00125 – 0.00122 – 0.00122 – 0.00124 —
0.001225500 – 0.001223100 —
37.652658101521 – 39.81508066984 —
– —
0.00127 – 1771374600
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Matching Low – Symmetrical Triangle Chart Pattern – –