SOL/BTC – 30M – SELLThe combination Solana/Bitcoin (SOL/BTC) jumps from the bullish trendline down.
A descending movement downwards to the next support at 0.00126 will persist.
Caution: A possible change in the direction of the resistance zone at 0.00133 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Southern Doji’ candlestick pattern is detected. The chart shows ‘Southern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00143 |
| 2nd High | 0.00141 |
| Next High | 0.00133 |
| Current Price | 0.001252500 |
| Next Low | 0.00126 |
| 2nd Low | |
| 3rd Low |
0.00133 – 0.00141 – 0.00141 – 0.00127 – 0.00139 – 0.00138 —
0.001276600 – 0.001264000 —
35.458834629145 – 30.792361018685 —
– —
0.00133 – 1770145200
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Southern Doji – Symmetrical Triangle Chart Pattern – –