SOL/BTC – 30M – SELLThe pair Solana/Bitcoin (SOL/BTC) moves from the descending trendline downwards
A continuation of the downward movement down to the next support line at will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 0.00107 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The currency pair is likely to rise.
In addition a ‘Bearish Engulfing’ candle pattern is detected. The chart forms ‘Bearish Engulfing’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00109 |
| 2nd High | 0.00108 |
| Next High | 0.00107 |
| Current Price | 0.001050800 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.00107 – 0.00107 – 0.00107 – 0.00106 – 0.00107 – 0.00107 —
0.001056800 – 0.001052500 —
36.872479929552 – 29.181898619268 —
– —
0.00107 – 1777903200
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bearish Engulfing – – –