SOL/BTC – 1H – SELL

Next a ‘Double top chart pattern’ chart pattern is found. The formation shows ‘Double top chart pattern’. this is a bearish chart scenario. The currency pair is likely to fall.

The combination Solana/Bitcoin (SOL/BTC) goes from the descending trendline downwards

A continuation of the downward movement downwards to the next support line at 0.001818700 will persist.

Caution: A possible counter-trend in the direction of the resistance level at 0.001856700 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Northern Doji’ chart pattern is discovered. The candles form ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.001856700 – 0.001904700 – 0.001905000 – 0.001818700 – 0.001858100 – 0.001804400 — 45.107299470439 – 35.502018153452

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