SOL/BTC – 30M – SELLThe combination Solana/Bitcoin (SOL/BTC) jumps from the descending trendline down.
A continuation of the bearish trend down to the next support at 0.001941100 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.001980200 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Matching Low’ chart pattern is existing. The chart forms ‘Matching Low’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.001986100 |
| Next High | 0.001980200 |
| Current Price | 0.001974000 |
| Next Low | 0.001941100 |
| 2nd Low | 0.001910000 |
| 3rd Low | 0.001895600 |
0.001980200 – 0.001986100 – 0.001947000 – 0.001941100 – 0.001944700 – 0.001910000 — 57.981380398921 – 57.710730280969
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Matching Low – Rising Wedge Chart Pattern – –