SOL/BTC – 4H – SELLThe pair Solana/Bitcoin (SOL/BTC) moves from the bullish trendline downwards
A bearish trend downwards to the next support level at 0.001350600 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.001487300 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Northern Doji’ chart pattern is detected. The candles form ‘Northern 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 ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001560000 |
| 2nd High | 0.001509500 |
| Next High | 0.001487300 |
| Current Price | 0.001374600 |
| Next Low | 0.001350600 |
| 2nd Low | 0.001288500 |
| 3rd Low | 0.001256200 |
0.001487300 – 0.001383300 – 0.001486400 – 0.001350600 – 0.001288500 – 0.001256200
Trading Signals: FOREX – SOL – SOL/BTC – BTC – Northern Doji –