The currency pair Solana/Bitcoin (SOL/BTC) jumps from the bullish trendline downwards
A bearish descent downwards to the next support line at 0.00109 is expected.
Caution: A possible counter-trend in the direction of resistance at 0.00143 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Matching Low’ candlestick chart pattern is detected. The candles show ‘Matching Low’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00187 |
| 2nd High | 0.00146 |
| Next High | 0.00143 |
| Current Price | 0.001312000 |
| Next Low | 0.00109 |
| 2nd Low | 0.00102 |
| 3rd Low | 0.00101 |
0.00123 – 0.00116 – 0.00113 – 0.00109 – 0.00109 – 0.00102 —
0.001279300 – 0.001350000 —
73.148969004943 – 83.530436200159 —
– —
0.00123 – 1782489600
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Matching Low – – –