SOL/BTC – 30M – SELLThe combination Solana/Bitcoin (SOL/BTC) moves from the bullish trendline down.
A descent down to the next support level at 0.001348800 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.001379400 could be enabled.
Consider stop-loss settings accordingly.
Moreover a ‘Northern Doji’ candle chart pattern is found. The candles form ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. 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 | 0.001423500 |
| 2nd High | 0.001392000 |
| Next High | 0.001379400 |
| Current Price | 0.001351800 |
| Next Low | 0.001348800 |
| 2nd Low | 0.001321400 |
| 3rd Low | 0.001315900 |
0.001379400 – 0.001392000 – 0.001423500 – 0.001348800 – 0.001360400 – 0.001386000
Trading Signals: FOREX – SOL – SOL/BTC – BTC – Northern Doji – Rising Wedge Chart Pattern