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
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – – –