SOL/BTC – 1H – SELL

There is also a ‘Symmetrical Triangle Chart Pattern’ chart layout is detected. The formation shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.

The pair Solana/Bitcoin (SOL/BTC) jumps from the ascending trendline down.

The bearish trend down to the next support level at 0.001530400 is expected.

Caution: A possible trend reversal in the direction of the resistance line at 0.001606700 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘RSI fall below 30’ indicator layout is discovered. The indicator shows ‘RSI fall below 30’. this is usually a bearish chart signal. The currency pair could go down.

There is also a ‘Northern Doji’ candlestick pattern is found. The candles form ‘Northern Doji’. which is a positive signal. The pair is likely to go up. 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).

0.001606700 – 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 –