SOL/BTC – 30M – SELL

The combination Solana/Bitcoin (SOL/BTC) moves from the descending trendline down.

A continuation of the downtrend down to the next support level at 0.001490300 will persist.

Caution: A possible trend reversal in the direction of the resistance line at 0.001543800 could be enabled.
Consider stop-loss settings accordingly.

Next a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a negative chart scenario. The currency pair could go down.

Next a ‘Northern Doji’ candlestick chart pattern is found. The candles show ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.001543800 – 0.001546100 – 0.001567700 – 0.001500000 – 0.001522700 – 0.001523300 — 38.344783455535 – 35.549935498142

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – –