SOL/BTC – 30M – SELL

There is also a ‘Double top chart pattern’ chart formation is existing. The chart forms ‘Double top chart pattern’. which is a negative pattern signal. The currency pair is likely to go down.

The pair Solana/Bitcoin (SOL/BTC) jumps from the descending trendline downwards

A continuation of the downtrend downwards to the next support level at 0.001538100 is considered certain.

Caution: A possible counter-trend in the direction of resistance at 0.001567700 could happen.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Northern Doji’ candle pattern is existing. The chart shows ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.001567700 – 0.001626700 – 0.001631400 – 0.001538100 – 0.001563400 – 0.001562500 — 46.716239517578 – 45.27376364034

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Double top chart pattern –