SOL/BTC – 30M – SELLIn addition a ‘Double top retreat up’ chart layout is existing. The chart picture shows ‘Double top retreat up’. which is a bullish pattern signal. The currency pair is likely to rise.
The combination Solana/Bitcoin (SOL/BTC) goes from the bullish trendline downwards
The bearish trend downwards to the next support at 0.00149 is certain.
Caution: A possible trend reversal in the direction of resistance at 0.0015 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Bullish Engulfing’ candle chart pattern is existing. The chart forms ‘Bullish Engulfing’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00184 |
| 2nd High | 0.00153 |
| Next High | 0.0015 |
| Current Price | 0.001494100 |
| Next Low | 0.00149 |
| 2nd Low | 0.00147 |
| 3rd Low | 0.00146 |
0.0015 – 0.00149 – 0.00153 – 0.00149 – 0.00147 – 0.00149 — 38.711382187425 – 47.151967316444 — 13.950607921943 – 9.5183279162152 – 16.444646663802 – 13.720200624297
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bullish Engulfing – Double top retreat up – –