And also a ‘Triple top chart pattern’ chart formation is found. The formation shows ‘Triple top chart pattern’. this is a bearish pattern signal. The pair is likely to go down.
The pair Solana/Bitcoin (SOL/BTC) goes from the descending trendline down.
A continuation of the downward movement down to the next support level at 0.001804400 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.001880600 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Northern Doji’ chart pattern is detected. The chart forms ‘Northern Doji’. this is a bullish 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 | 0.001904700 |
| 2nd High | 0.001895800 |
| Next High | 0.001880600 |
| Current Price | 0.001825800 |
| Next Low | 0.001804400 |
| 2nd Low | 0.001797600 |
| 3rd Low | 0.001741500 |
0.001880600 – 0.001895800 – 0.001904700 – 0.001858100 – 0.001861200 – 0.001874700 — 39.156475632846 – 36.289318050041
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Triple top chart pattern – –