Then a ‘Double top chart pattern’ chart layout is detected. The chart picture shows ‘Double top chart pattern’. this is a bearish pattern signal. The currency pair is likely to fall.
The currency pair Solana/Bitcoin (SOL/BTC) moves from the bullish trendline downwards
A descent downwards to the next support at 0.001785400 is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.001881300 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.001881300 |
| Current Price | 0.001782700 |
| Next Low | 0.001785400 |
| 2nd Low | 0.001773900 |
| 3rd Low | 0.001760000 |
0.001881300 – 0.001848000 – 0.001834200 – 0.001785400 – 0.001773900 – 0.001760000 — 40.797108987031 – 37.184723640784
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Double top chart pattern – –