SOL/BTC – 1H – SELLBesides a ‘Double top chart pattern’ chart formation is existing. The chart picture forms ‘Double top chart pattern’. which is a bearish chart scenario. The pair is likely to go down.
The combination Solana/Bitcoin (SOL/BTC) moves from the descending trendline down.
A continuation of the bearish trend down to the next support line at 0.001804400 is certain.
Caution: A possible trend reversal in the direction of resistance at 0.001856700 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001905000 |
| 2nd High | 0.001904700 |
| Next High | 0.001856700 |
| Current Price | 0.001818900 |
| Next Low | 0.001804400 |
| 2nd Low | 0.001797600 |
| 3rd Low | 0.001685800 |
0.001856700 – 0.001904700 – 0.001905000 – 0.001818700 – 0.001858100 – 0.001804400 — 43.696585245649 – 40.746731941423
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – – Double top chart pattern – –