Furthermore a ‘Double bottom retreat down’ chart pattern is existing. The chart shows ‘Double bottom retreat down’. this is a bearish signal. The pair is likely to go down.
The currency pair Solana/Bitcoin (SOL/BTC) moves from the ascending trendline down.
A bearish movement downwards to the next support at 0.001825400 will continue.
Caution: A possible counter-trend in the direction of resistance at 0.001837500 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Northern Doji’ candle chart pattern is existing. The candles form ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001856700 |
| 2nd High | 0.001847200 |
| Next High | 0.001837500 |
| Current Price | 0.001836300 |
| Next Low | 0.001825400 |
| 2nd Low | 0.001811300 |
| 3rd Low | 0.001804400 |
0.001837500 – 0.001834400 – 0.001847200 – 0.001825400 – 0.001811300 – 0.001825500 — 67.397698016659 – 56.204398502529
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Double bottom retreat down – –