SOL/BTC – 1H – SELLThe currency pair Solana/Bitcoin (SOL/BTC) moves from the bearish trendline downwards
A continuation of the bearish trend down to the next support at 0.00107 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 0.00109 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Matching Low’ candle chart pattern is existing. The chart forms ‘Matching Low’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00111 |
| 2nd High | 0.0011 |
| Next High | 0.00109 |
| Current Price | 0.001070300 |
| Next Low | 0.00107 |
| 2nd Low | |
| 3rd Low |
0.00107 – 0.00109 – 0.0011 – 0.00107 – 0.00109 – 0.00109 —
0.001073400 – 0.001071200 —
45.126442869098 – 40.951427016677 —
– —
0.00107 – 1777712400
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Matching Low – Symmetrical Triangle Chart Pattern – –