SOL/BTC – 30M – BUYThe pair Solana/Bitcoin (SOL/BTC) jumps from the ascending trendline down.
A descent downwards to the next support at 0.002013100 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 0.002090600 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Below The Stomach’ candle pattern is discovered. The candles show ‘Below The Stomach’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Below The Stomach’ heading down is 60% (Bull Market) & 65% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002204400 |
| 2nd High | 0.002135300 |
| Next High | 0.002090600 |
| Current Price | 0.002021600 |
| Next Low | 0.002013100 |
| 2nd Low | 0.001943400 |
| 3rd Low | 0.001939900 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Below The Stomach