SOL/BTC – 30M – SELL

In addition a ‘Double top chart pattern’ chart formation is detected. The chart picture forms ‘Double top chart pattern’. which is a negative pattern signal. The currency pair is likely to fall.

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

A bearish descent down to the next support level at 0.001529200 is likely expected.

Caution: A possible change in the direction of resistance at 0.001567700 should be noted.
Consider stop-loss settings accordingly.

In addition a ‘RSI fall below 30’ indicator signal is found. The indicator shows ‘RSI fall below 30’. which could be a negative signal. The pair is likely to go down.

In addition a ‘Northern Doji’ chart pattern is existing. The chart shows ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.001567700 – 0.001626700 – 0.001631400 – 0.001538100 – 0.001563400 – 0.001562500 — 43.020909149517 – 36.835131464342

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Double top chart pattern –