SOL/BTC – 30M – SELL

In addition a ‘Symmetrical Triangle Chart Pattern’ chart formation is existing. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish signal. The currency pair is likely to go down.

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

A descending movement downwards to the next support level at 0.001529200 is expected.

Caution: A possible counter-trend in the direction of the resistance zone at 0.001626700 could happen.
Consider stop-loss settings accordingly.

In addition a ‘RSI fall below 30’ indicator signal is existing. The indicator is ‘RSI fall below 30’. which is often a bearish chart scenario. The currency pair is likely to fall.

In addition a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.

In addition a ‘Northern Doji’ chart pattern is discovered. The chart forms ‘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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

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 –