SOL/BTC – 1H – SELLThe currency pair Solana/Bitcoin (SOL/BTC) goes from the ascending trendline downwards
A descent downwards to the next support level at 0.001858500 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.001952400 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Northern Doji’ candlestick chart pattern is detected. The chart forms ‘Northern Doji’. which is a positive chart scenario. The currency 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.001952400 |
| Current Price | 0.001864000 |
| Next Low | 0.001858500 |
| 2nd Low | 0.001844600 |
| 3rd Low | 0.001818200 |
0.001952400 – 0.001887700 – 0.001881300 – 0.001858500 – 0.001844600 – 0.001818200 — 44.158182472272 – 42.467047328207
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Symmetrical Triangle Chart Pattern – –