SOL/BTC – 1H – SELLThe currency pair Solana/Bitcoin (SOL/BTC) moves from the bearish trendline down.
A continuation of the downward movement down to the next support at 0.00136 is certain.
Caution: A possible reversal of the trend in the direction of resistance at 0.00143 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The pair is likely to go down.
Then a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a negative signal. The currency pair could go down.
Then a ‘Southern Doji’ chart pattern is discovered. The chart shows ‘Southern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00146 |
| 2nd High | 0.00145 |
| Next High | 0.00143 |
| Current Price | 0.001412400 |
| Next Low | 0.00136 |
| 2nd Low | 0.00135 |
| 3rd Low | 0.00129 |
0.00141 – 0.00143 – 0.00143 – 0.00136 – 0.00142 – 0.0014 —
0.001395100 – 0.001420000 —
45.872839042973 – 64.962062556078 —
– —
0.00141 – 1769400000
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Southern Doji – Rising Wedge Chart Pattern – –