SOL/BTC – 1H – SELL

The pair Solana/Bitcoin (SOL/BTC) goes from the descending trendline downwards

A continuation of the downtrend down to the next support level at 0.001413900 will continue.

Caution: A possible reversal of the trend in the direction of resistance at 0.001462100 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 0.0014074 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.001462100 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.001462100 – 0.001496400 – 0.001560000 – 0.001413900 – 0.001407400 – 0.001464300

Trading Signals: FOREX – SOL – SOL/BTC – BTC – Northern Doji