The pair Solana/Bitcoin (SOL/BTC) goes from the bearish trendline downwards
A continuation of the bearish trend down to the next support at 0.001823900 is considered certain.
Caution: A possible counter-trend in the direction of resistance at 0.001847200 is also possible.
Consider stop-loss settings accordingly.
Also there is a ‘Northern Doji’ chart pattern is discovered. The chart shows ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001880600 |
| 2nd High | 0.001856700 |
| Next High | 0.001847200 |
| Current Price | 0.001837900 |
| Next Low | 0.001823900 |
| 2nd Low | 0.001818700 |
| 3rd Low | 0.001804400 |
0.001847200 – 0.001856700 – 0.001880600 – 0.001823900 – 0.001818700 – 0.001858100 — 53.27730396828 – 48.257999655188
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Symmetrical Triangle Chart Pattern – –