SOL/BTC – 30M – SELLThe pair Solana/Bitcoin (SOL/BTC) jumps from the descending trendline down.
A continuation of the downward movement down to the next support at 0.001413900 will persist.
Caution: A possible change in the direction of resistance at 0.001462100 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Northern Doji’ chart pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. 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 | 0.001560000 |
| 2nd High | 0.001496400 |
| Next High | 0.001462100 |
| Current Price | 0.001440500 |
| Next Low | 0.001413900 |
| 2nd Low | 0.001407400 |
| 3rd Low | 0.001376000 |
0.001462100 – 0.001439200 – 0.001496400 – 0.001413900 – 0.001422900 – 0.001407400
Trading Signals: FOREX – SOL – SOL/BTC – BTC – Northern Doji