SOL/BTC – 1H – SELLThe pair Solana/Bitcoin (SOL/BTC) moves from the bullish trendline downwards
A bearish trend downwards to the next support line at 0.001586900 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.001799000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Southern Doji’ candlestick pattern is detected. The candles form ‘Southern 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 chance of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.001799000 |
| Current Price | 0.001765500 |
| Next Low | 0.001586900 |
| 2nd Low | 0.001557500 |
| 3rd Low | 0.001548000 |
0.001799000 – 0.001659700 – 0.001590300 – 0.001586900 – 0.001601400 – 0.001557500 — 62.427721918672 – 62.465128422841
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Southern Doji – Double bottom chart pattern – –