Additionally a ‘Double bottom retreat down’ chart pattern is discovered. The chart picture forms ‘Double bottom retreat down’. this is a bearish signal. The currency pair is likely to go down.
The combination Solana/Bitcoin (SOL/BTC) moves from the ascending trendline down.
A bearish movement down to the next support level at 0.00138 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.00141 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Tweezers Top’ candle chart pattern is discovered. The candles form ‘Tweezers Top’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00144 |
| 2nd High | 0.00143 |
| Next High | 0.00141 |
| Current Price | 0.001408500 |
| Next Low | 0.00138 |
| 2nd Low | 0.00137 |
| 3rd Low | 0.00136 |
0.00141 – 0.0014 – 0.00143 – 0.00138 – 0.00137 – 0.00139 —
0.001410400 – 0.001409400 —
59.496771365605 – 59.09665546616 —
– —
0.00141 – 1769736600
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Tweezers Top – Double bottom retreat down – –