SOL/BTC – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 0.0024161 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 0.002524200 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Upside Tasuki Gap’ candle chart pattern is found. The chart forms ‘Upside Tasuki Gap’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Upside Tasuki Gap’ heading up is 57% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002550000 |
| 2nd High | 0.002534500 |
| Next High | 0.002524200 |
| Current Price | 0.002461100 |
| Next Low | 0.002297700 |
| 2nd Low | 0.002250700 |
| 3rd Low | 0.002247800 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Upside Tasuki Gap