SOL/BTC – 30M – SELLThe currency pair Solana/Bitcoin (SOL/BTC) moves from the descending trendline down.
A continuation of the downward movement downwards to the next support line at 0.001321400 is considered certain.
Caution: A possible trend reversal in the direction of resistance at 0.001432000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The currency pair could go down.
Besides a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bearish signal. The pair is likely to go down.
Besides a ‘Southern Doji’ candle chart pattern is detected. The candles form ‘Southern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001469000 |
| 2nd High | 0.001439100 |
| Next High | 0.001432000 |
| Current Price | 0.001393400 |
| Next Low | 0.001321400 |
| 2nd Low | 0.001315900 |
| 3rd Low | 0.001288500 |
0.001432000 – 0.001410400 – 0.001419800 – 0.001394800 – 0.001393400 – 0.001321400
Trading Signals: FOREX – SOL – SOL/BTC – BTC – Southern Doji –