SOL/BTC – 30M – BUYThe combination Solana/Bitcoin (SOL/BTC) jumps from the bullish trendline down.
A bearish descent downwards to the next support at 0.002020000 will persist.
Caution: A possible change in the direction of resistance at 0.002098900 could occur.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Southern Doji’ chart pattern is discovered. The candles show ‘Southern Doji’. which is a bullish signal. The currency pair is likely to go up. 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 | 0.002156000 |
| 2nd High | 0.002155900 |
| Next High | 0.002098900 |
| Current Price | 0.002023900 |
| Next Low | 0.002020000 |
| 2nd Low | 0.001943400 |
| 3rd Low | 0.001939900 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Southern Doji