SOL/BTC – 30M – SELL

Then a ‘Double bottom retreat down’ chart layout is found. The formation shows ‘Double bottom retreat down’. which is a bearish chart scenario. The pair is likely to go down.

The pair Solana/Bitcoin (SOL/BTC) goes from the ascending trendline downwards

A bearish descent downwards to the next support at 0.001447400 is expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.001473200 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.

Then a ‘Northern Doji’ candle pattern is detected. The chart shows ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. 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).

0.001473200 – 0.001400000 – 0.001397300 – 0.001447400 – 0.001396000 – 0.001357400

Trading Signals: FOREX – SOL – SOL/BTC – BTC – Northern Doji – Double bottom retreat down