SOL/BTC – 30M – BUYThe combination Solana/Bitcoin (SOL/BTC) goes from the bullish trendline down.
A bearish descent downwards to the next support line at 0.002027300 is certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.002054700 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Matching Low’ candle chart pattern is existing. The chart shows ‘Matching Low’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002155900 |
| 2nd High | 0.002056100 |
| Next High | 0.002054700 |
| Current Price | 0.002063800 |
| Next Low | 0.002027300 |
| 2nd Low | 0.001943400 |
| 3rd Low | 0.001939900 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Matching Low