Sell SOL/BTC – 4H – SELL

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

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