The pair Solana/Bitcoin (SOL/BTC) moves from the bearish trendline downwards
A continuation of the downtrend down to the next support line at is likely expected.
Caution: A possible trend reversal in the direction of resistance at 0.00107 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Matching Low’ candle chart pattern is detected. The chart forms ‘Matching Low’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00109 |
| 2nd High | 0.00108 |
| Next High | 0.00107 |
| Current Price | 0.001047900 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.00107 – 0.00107 – 0.00107 – 0.00106 – 0.00107 – 0.00107 —
0.001053300 – 0.001049200 —
36.194687747041 – 26.908161959943 —
– —
0.00107 – 1777903200
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Matching Low – – –