SOL/BTC – 30M – BUYThe pair Solana/Bitcoin (SOL/BTC) jumps from the ascending trendline down.
A descending movement down to the next support at 0.002114300 is certain.
Caution: A possible change in the direction of the resistance line at 0.002204400 could occur.
Consider stop-loss settings accordingly.
Next a ‘Southern Doji’ candle pattern is found. The chart forms ‘Southern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002293000 |
| 2nd High | 0.002232400 |
| Next High | 0.002204400 |
| Current Price | 0.002119700 |
| Next Low | 0.002114300 |
| 2nd Low | 0.002017800 |
| 3rd Low | 0.001943400 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Southern Doji