SOL/BTC – 1H – SELL

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

A descent downwards to the next support at 0.001910000 will persist.

Caution: A possible change in the direction of resistance at 0.001986100 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Northern Doji’ candle pattern is found. The candles form ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.001986100 – 0.001947000 – 0.001931800 – 0.001910000 – 0.001895600 – 0.001817400 — 50.445838999309 – 50.161185987676

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Triple bottom chart pattern – –