SOL/BTC – 1H – SELL

Furthermore a ‘Symmetrical Triangle Chart Pattern’ chart pattern is detected. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The currency pair is likely to fall.

The combination Solana/Bitcoin (SOL/BTC) jumps from the bullish trendline down.

A bearish descent downwards to the next support at 0.001530400 is likely expected.

Caution: A possible counter-trend in the direction of resistance at 0.001606700 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘RSI fall below 30’ indicator signal is existing. The indicator shows ‘RSI fall below 30’. which is often a bearish chart signal. The currency pair could go down.

Furthermore a ‘Northern Doji’ candlestick chart pattern is found. The candles show ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.001606700 – 0.001720700 – 0.001739200 – 0.001530400 – 0.001649800 – 0.001486200 — 38.584506396826 – 36.990937074802

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Symmetrical Triangle Chart Pattern –