SOL/BTC – 1H – SELLThe currency pair Solana/Bitcoin (SOL/BTC) jumps from the ascending trendline downwards
A bearish movement downwards to the next support at 0.001941100 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 0.001980200 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Northern Doji’ candle pattern is detected. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. 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 | 0.001986100 |
| Next High | 0.001980200 |
| Current Price | 0.001986500 |
| Next Low | 0.001941100 |
| 2nd Low | 0.001910000 |
| 3rd Low | 0.001895600 |
0.001980200 – 0.001986100 – 0.001947000 – 0.001941100 – 0.001910000 – 0.001895600 — 64.164637395909 – 61.336488882364
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Rising Wedge Chart Pattern – –