SOL/BTC – 1H – SELLBesides a ‘Double top chart pattern’ chart layout is discovered. The chart picture forms ‘Double top chart pattern’. which is a negative chart scenario. The currency pair is likely to go down.
The pair Solana/Bitcoin (SOL/BTC) moves from the bearish trendline down.
A continuation of the downward movement downwards to the next support at 0.001804400 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.001856700 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001905000 |
| 2nd High | 0.001904700 |
| Next High | 0.001856700 |
| Current Price | 0.001818900 |
| Next Low | 0.001804400 |
| 2nd Low | 0.001797600 |
| 3rd Low | 0.001685800 |
0.001856700 – 0.001904700 – 0.001905000 – 0.001818700 – 0.001858100 – 0.001804400 — 43.696585245649 – 40.746731941423
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – – Double top chart pattern – –