SOL/BTC – 1H – SELL

The combination Solana/Bitcoin (SOL/BTC) jumps from the bearish trendline downwards

A continuation of the downtrend down to the next support line at 0.001529200 will continue.

Caution: A possible change in the direction of resistance at 0.001613600 could occur.
Consider stop-loss settings accordingly.

And also a ‘RSI fall below 70’ indicator signal is found. The indicator shows ‘RSI fall below 70’. this is usually a bearish signal. The pair is likely to go down.

And also a ‘Northern Doji’ candlestick chart pattern is existing. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The currency 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).

0.001613600 – 0.001606700 – 0.001720700 – 0.001529200 – 0.001522800 – 0.001530400 — 56.631950962892 – 51.12918878281

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Rising Wedge Chart Pattern –