The combination Solana/Bitcoin (SOL/BTC) jumps from the ascending trendline downwards
A bearish trend down to the next support at 0.001543200 will persist.
Caution: A possible trend reversal in the direction of resistance at 0.001567700 should always be considered.
Consider stop-loss settings accordingly.
And also a ‘RSI cross above 70’ indicator layout is found. The indicator shows ‘RSI cross above 70’. this is usually a bullish chart scenario. The pair is likely to go up.
And also a ‘StochRSI cross above 20’ indicator layout is found. The indicator shows ‘StochRSI cross above 20’. this is usually a bullish chart scenario. The pair is likely to go up.
And also a ‘Northern Doji’ chart pattern is found. The chart shows ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading 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 | 0.001561100 |
| Next Low | 0.001543200 |
| 2nd Low | 0.001532500 |
| 3rd Low | 0.001456400 |
0.001558200 – 0.001469500 – 0.001441300 – 0.001543200 – 0.001532500 – 0.001456400 — 57.315829891606 – 52.959274322114
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Double bottom chart pattern – –