SOL/BTC – 30M – BUYThe pair Solana/Bitcoin (SOL/BTC) goes from the descending trendline downwards
A continuation of the downtrend downwards to the next support level at will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 0.001758900 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Tweezers Top’ chart pattern is found. The candles form ‘Tweezers Top’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001794300 |
| 2nd High | 0.001793300 |
| Next High | 0.001758900 |
| Current Price | 0.001620900 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Tweezers Top