SOL/BTC – 1H – SELL

Moreover a ‘Double top chart pattern’ chart pattern is existing. The formation shows ‘Double top chart pattern’. which is a negative chart scenario. The pair is likely to go down.

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

A bearish descent downwards to the next support at 0.001508300 is certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.001555700 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘RSI fall below 70’ indicator signal is found. The indicator is ‘RSI fall below 70’. which is often a bullish chart scenario. The currency pair is likely to rise.

Moreover a ‘Northern Doji’ chart pattern is detected. The candles show ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.001555700 – 0.001586200 – 0.001469500 – 0.001508300 – 0.001456400 – 0.001421300 — 42.575185433037 – 39.76803828174

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Double top chart pattern – –