Then a ‘Symmetrical Triangle Chart Pattern’ chart formation is found. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish signal. The currency pair is likely to fall.
The combination Solana/Bitcoin (SOL/BTC) goes from the bullish trendline down.
The bearish trend downwards to the next support line at 0.001529200 is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.001626700 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘RSI fall below 30’ indicator signal is existing. The indicator is ‘RSI fall below 30’. which could be a negative signal. The currency pair could go down.
Then a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a negative signal. The pair is likely to go down.
Then a ‘Northern Doji’ candle chart pattern is detected. The candles show ‘Northern Doji’. which is a bullish pattern signal. The 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 | 0.001719800 |
| 2nd High | 0.001631400 |
| Next High | 0.001626700 |
| Current Price | 0.001554500 |
| Next Low | 0.001529200 |
| 2nd Low | 0.001522800 |
| 3rd Low | 0.001490300 |
0.001626700 – 0.001631400 – 0.001594600 – 0.001563400 – 0.001562500 – 0.001529200 — 31.319428216919 – 28.661446133762
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Symmetrical Triangle Chart Pattern –