SOL/BTC – 30M – BUYThe currency pair Solana/Bitcoin (SOL/BTC) goes from the bullish trendline down.
A bearish descent downwards to the next support at 0.002114300 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.002232400 could occur.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Southern Doji’ chart pattern is found. The candles form ‘Southern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002311000 |
| 2nd High | 0.002293000 |
| Next High | 0.002232400 |
| Current Price | 0.002167900 |
| Next Low | 0.002114300 |
| 2nd Low | 0.002017800 |
| 3rd Low | 0.001943400 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Southern Doji