Sell SOL/BTC – 30M – SELL

The pair Solana/Bitcoin (SOL/BTC) goes from the bearish trendline down.

A continuation of the downtrend down to the next support at 0.001804400 will continue.

Caution: A possible counter-trend in the direction of the resistance level at 0.001847200 is within the realm of possibility.
Consider stop-loss settings accordingly.

Also there is a ‘Northern Doji’ candlestick pattern is detected. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. 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 0.001880600
2nd High 0.001856700
Next High 0.001847200
Current Price 0.001814700
Next Low 0.001804400
2nd Low 0.001797600
3rd Low 0.001741500

0.001847200 – 0.001856700 – 0.001880600 – 0.001825500 – 0.001823900 – 0.001818700 — 39.250582793907 – 35.280828178307

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