SOL/BTC – 30M – SELLThe pair Solana/Bitcoin (SOL/BTC) goes from the bullish trendline down.
The bearish trend down to the next support line at 0.001357400 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.001397300 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Northern Doji’ candlestick chart pattern is discovered. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001487300 |
| 2nd High | 0.001423500 |
| Next High | 0.001397300 |
| Current Price | 0.001392400 |
| Next Low | 0.001357400 |
| 2nd Low | 0.001347600 |
| 3rd Low | 0.001321400 |
0.001397300 – 0.001375800 – 0.001384500 – 0.001357400 – 0.001347600 – 0.001352800
Trading Signals: FOREX – SOL – SOL/BTC – BTC – Northern Doji – Triple bottom chart pattern