Also there is a ‘Double top chart pattern’ chart formation is discovered. The chart forms ‘Double top chart pattern’. this is a bearish chart scenario. The pair is likely to go down.
The currency pair Solana/Bitcoin (SOL/BTC) goes from the bullish trendline down.
A descent down to the next support at 0.001529200 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.001567700 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘RSI cross above 30’ indicator layout is existing. The indicator is ‘RSI cross above 30’. which could be a positive chart scenario. The pair is likely to go up.
Also there is a ‘Northern Doji’ candle chart pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001631400 |
| 2nd High | 0.001626700 |
| Next High | 0.001567700 |
| Current Price | 0.001537300 |
| Next Low | 0.001529200 |
| 2nd Low | 0.001522800 |
| 3rd Low | 0.001490300 |
0.001567700 – 0.001626700 – 0.001631400 – 0.001538100 – 0.001563400 – 0.001562500 — 43.020909149517 – 40.931830582931
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Double top chart pattern –