Sell SOL/BTC – 1H – SELL

And also a ‘Symmetrical Triangle Chart Pattern’ chart formation is found. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish pattern signal. The pair is likely to go down.

The pair Solana/Bitcoin (SOL/BTC) goes from the bearish trendline down.

A continuation of the downtrend down to the next support level at 0.001825600 is considered certain.

Caution: A possible change in the direction of the resistance level at 0.001888900 could occur.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bearish signal. The pair is likely to go down.

And also a ‘Matching Low’ chart pattern is found. The candles form ‘Matching Low’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 0.001952400
2nd High 0.001909900
Next High 0.001888900
Current Price 0.001874400
Next Low 0.001825600
2nd Low 0.001818200
3rd Low 0.001685800

0.001888900 – 0.001909900 – 0.001952400 – 0.001825600 – 0.001858500 – 0.001844600 — 51.560431658104 – 51.123759431777

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