SOL/BTC – 30M – BUYThe combination Solana/Bitcoin (SOL/BTC) jumps from the bullish trendline downwards
A bearish descent down to the next support level at 0.002017800 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.002135300 should be noted.
Consider stop-loss settings accordingly.
Then a ‘Southern Doji’ candle pattern is discovered. The chart shows ‘Southern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002232400 |
| 2nd High | 0.002204400 |
| Next High | 0.002135300 |
| Current Price | 0.002045800 |
| Next Low | 0.002017800 |
| 2nd Low | 0.001943400 |
| 3rd Low | 0.001939900 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Southern Doji