SOL/BTC – 1H – SELLBesides a ‘Symmetrical Triangle Chart Pattern’ chart layout is existing. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to go down.
The pair Solana/Bitcoin (SOL/BTC) jumps from the bullish trendline downwards
A bearish trend down to the next support line at 0.002045100 is considered certain.
Caution: A possible change in the direction of the resistance line at 0.002090200 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Northern Doji’ candlestick pattern is found. The candles form ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002155500 |
| 2nd High | 0.002154500 |
| Next High | 0.002090200 |
| Current Price | 0.002049300 |
| Next Low | 0.002045100 |
| 2nd Low | 0.002036200 |
| 3rd Low | 0.002001500 |
0.002090200 – 0.002154500 – 0.002117700 – 0.002045100 – 0.002036200 – 0.002001500 — 44.155955781701 – 36.368755879011
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Symmetrical Triangle Chart Pattern – –