SOL/BTC – 30M – SELLThe combination Solana/Bitcoin (SOL/BTC) goes from the bearish trendline downwards
A continuation of the downtrend down to the next support at 0.001811300 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.001834400 could happen.
Consider stop-loss settings accordingly.
Besides a ‘Northern Doji’ candlestick pattern is found. The chart shows ‘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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001856700 |
| 2nd High | 0.001847200 |
| Next High | 0.001834400 |
| Current Price | 0.001816500 |
| Next Low | 0.001811300 |
| 2nd Low | 0.001804400 |
| 3rd Low | 0.001797600 |
0.001834400 – 0.001847200 – 0.001856700 – 0.001811300 – 0.001825500 – 0.001823900 — 45.311143317314 – 40.845278338429
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Double bottom retreat down – –