SOL/BTC – 1H – SELLFurthermore a ‘Double top chart pattern’ chart pattern is detected. The chart shows ‘Double top chart pattern’. this is a bearish signal. The currency pair is likely to fall.
The pair Solana/Bitcoin (SOL/BTC) jumps from the ascending trendline down.
A descending movement downwards to the next support line at 0.001445000 is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.001539900 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘RSI fall below 30’ indicator layout is existing. The indicator shows ‘RSI fall below 30’. which is often a bearish chart signal. The pair is likely to go down.
Furthermore a ‘Collapsing Doji Star’ candlestick chart pattern is found. The candles form ‘Collapsing Doji Star’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Collapsing Doji Star’ heading down is 63% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001631400 |
| 2nd High | 0.001567700 |
| Next High | 0.001539900 |
| Current Price | 0.001462400 |
| Next Low | 0.001445000 |
| 2nd Low | 0.001347600 |
| 3rd Low | 0.001288500 |
0.001539900 – 0.001567700 – 0.001631400 – 0.001471000 – 0.001538100 – 0.001563400 — 31.296774085624 – 28.126372030726
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Collapsing Doji Star – Double top chart pattern –