SOL/BTC – 4H – SELLThe combination Solana/Bitcoin (SOL/BTC) moves from the ascending trendline downwards
A descent downwards to the next support level at 0.00117 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.00121 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Matching Low’ candlestick chart pattern is detected. The chart forms ‘Matching Low’. which is a positive 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 | 0.00125 |
| Next High | 0.00121 |
| Current Price | 0.001159900 |
| Next Low | 0.00117 |
| 2nd Low | 0.00112 |
| 3rd Low |
0.00121 – 0.00125 – 0.00125 – 0.00117 – 0.00125 – 0.00125 —
0.001187800 – 0.001176900 —
37.840287668385 – 26.139907777718 —
– —
0.00121 – 1775304000
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Matching Low – Rising Wedge Chart Pattern – –