SOL/BTC – 1H – BUYThe pair Solana/Bitcoin (SOL/BTC) moves from the bullish trendline down.
The bearish trend downwards to the next support line at 0.002114300 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.002169000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Southern Doji’ chart pattern is found. The chart forms ‘Southern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002313800 |
| 2nd High | 0.002231900 |
| Next High | 0.002169000 |
| Current Price | 0.002200400 |
| Next Low | 0.002114300 |
| 2nd Low | 0.002017800 |
| 3rd Low | 0.001939900 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Southern Doji