SOL/BTC – 30M – SELLThe currency pair Solana/Bitcoin (SOL/BTC) goes from the bearish trendline downwards
A continuation of the downtrend down to the next support line at 0.001376800 is certain.
Caution: A possible change in the direction of the resistance level at 0.001403100 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Northern Doji’ chart pattern is existing. The chart shows ‘Northern Doji’. which is a positive pattern signal. 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 | 0.001509500 |
| 2nd High | 0.001403600 |
| Next High | 0.001403100 |
| Current Price | 0.001393200 |
| Next Low | 0.001376800 |
| 2nd Low | 0.001372000 |
| 3rd Low | 0.001345600 |
0.001403100 – 0.001403600 – 0.001392800 – 0.001376800 – 0.001372000 – 0.001439000
Trading Signals: FOREX – SOL – SOL/BTC – BTC – Northern Doji