SOL/BTC – 30M – BUYThe combination Solana/Bitcoin (SOL/BTC) moves from the ascending trendline downwards
A descent downwards to the next support at 0.001943400 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.002056100 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Shooting Star’ chart pattern is existing. The chart forms ‘Shooting Star’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Shooting Star’ going down is 59% (Bull Market) & 60% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002156000 |
| 2nd High | 0.002155900 |
| Next High | 0.002056100 |
| Current Price | 0.002039000 |
| Next Low | 0.001943400 |
| 2nd Low | 0.001939900 |
| 3rd Low | 0.001878000 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Shooting Star