Sell SOL/BTC – 1H – SELL

Then a ‘Symmetrical Triangle Chart Pattern’ chart formation is existing. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish signal. The currency pair is likely to fall.

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

A bearish movement down to the next support level at 0.001530400 will continue.

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

Then a ‘RSI fall below 30’ indicator signal is detected. The indicator shows ‘RSI fall below 30’. this is usually a bearish chart signal. The pair is likely to go down.

Then a ‘Northern Doji’ candle chart pattern is found. The chart shows ‘Northern Doji’. which is a positive 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’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.001739200
2nd High 0.001720700
Next High 0.001606700
Current Price 0.001534000
Next Low 0.001530400
2nd Low 0.001486200
3rd Low 0.001479400

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

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