SOL/BTC – 30M – SELLThe combination Solana/Bitcoin (SOL/BTC) goes from the descending trendline down.
A continuation of the downtrend downwards to the next support at is considered certain.
Caution: A possible change in the direction of the resistance line at 0.001638400 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The pair is likely to go down.
In addition a ‘Falling Window’ chart pattern is found. The chart shows ‘Falling Window’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Falling Window’ heading down is 67% (Bull Market) and 73% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001662300 |
| 2nd High | 0.001659700 |
| Next High | 0.001638400 |
| Current Price | 0.001608300 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.001638400 – 0.001659700 – 0.001599400 – 0.001601400 – 0.001628300 – 0.001576400 — 45.565981586446 – 43.925814652106
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Falling Window – Triple bottom chart pattern – –