SOL/BTC – 30M – SELLThe combination Solana/Bitcoin (SOL/BTC) jumps from the bearish trendline down.
A continuation of the downward movement downwards to the next support at is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.0013 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Tweezers Top’ candle chart pattern is detected. The chart forms ‘Tweezers Top’. which is a bearish pattern 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’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00141 |
| 2nd High | 0.00133 |
| Next High | 0.0013 |
| Current Price | 0.001196600 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.0013 – 0.00128 – 0.00133 – 0.00124 – 0.00124 – 0.00127 —
0.001258800 – 0.001204100 —
44.915898859791 – 38.950488489323 —
– —
0.0013 – 1770282000
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Tweezers Top – – –