SOL/BTC – 30M – SELLThe combination Solana/Bitcoin (SOL/BTC) goes from the bearish trendline down.
A continuation of the downtrend downwards to the next support level at 0.001350600 is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.001372900 could occur.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Southern Doji’ chart pattern is detected. The candles form ‘Southern 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 likelyhood of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001409600 |
| 2nd High | 0.001389500 |
| Next High | 0.001372900 |
| Current Price | 0.001363900 |
| Next Low | 0.001350600 |
| 2nd Low | 0.001321400 |
| 3rd Low | 0.001315900 |
0.001372900 – 0.001389500 – 0.001409600 – 0.001350600 – 0.001373000 – 0.001373900
Trading Signals: FOREX – SOL – SOL/BTC – BTC – Southern Doji –