The currency pair Solana/Bitcoin (SOL/BTC) goes from the ascending trendline down.
A bearish movement downwards to the next support line at 0.00119 is considered certain.
Caution: A possible change in the direction of the resistance line at 0.00135 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Matching Low’ candle pattern is discovered. The candles show ‘Matching Low’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00146 |
| 2nd High | 0.00143 |
| Next High | 0.00135 |
| Current Price | 0.001200600 |
| Next Low | 0.00119 |
| 2nd Low | 0.00109 |
| 3rd Low | 0.00102 |
0.00135 – 0.00123 – 0.00116 – 0.00119 – 0.00128 – 0.00109 —
0.001210600 – 0.001209300 —
35.834281789052 – 34.527627674254 —
– —
0.00135 – 1782979200
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Matching Low – – –