SOL/BTC – 30M – SELL

Next a ‘Triple bottom chart pattern’ chart pattern is detected. The formation shows ‘Triple bottom chart pattern’. which is a bullish signal. The currency pair is likely to rise.

The currency pair Solana/Bitcoin (SOL/BTC) goes from the ascending trendline down.

A descending movement down to the next support level at 0.001785400 is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.001848000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Northern Doji’ candlestick pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.001848000 – 0.001834200 – 0.001777800 – 0.001785400 – 0.001773900 – 0.001760000 — 67.665952377961 – 59.380905385663

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Triple bottom chart pattern – –