SOL/BTC – 30M – SELLThe currency pair Solana/Bitcoin (SOL/BTC) moves from the bullish trendline down.
A descent downwards to the next support line at 0.002114300 is considered certain.
Caution: A possible change in the direction of the resistance zone at 0.002204400 could occur.
Consider stop-loss settings accordingly.
Furthermore a ‘Bearish Belt Hold’ chart pattern is existing. The chart shows ‘Bearish Belt Hold’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002293000 |
| 2nd High | 0.002232400 |
| Next High | 0.002204400 |
| Current Price | 0.002120100 |
| Next Low | 0.002114300 |
| 2nd Low | 0.002017800 |
| 3rd Low | 0.001943400 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bearish Belt Hold