SOL/BTC – 30M – SELLThe pair Solana/Bitcoin (SOL/BTC) jumps from the ascending trendline downwards
The bearish trend downwards to the next support line at 0.001464100 is certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.001670800 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Northern Doji’ candle pattern is detected. The chart forms ‘Northern Doji’. which is a bullish signal. 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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001720700 |
| 2nd High | 0.001719800 |
| Next High | 0.001670800 |
| Current Price | 0.001674600 |
| Next Low | 0.001464100 |
| 2nd Low | 0.001456400 |
| 3rd Low | 0.001429500 |
0.001670800 – 0.001507300 – 0.001555700 – 0.001464100 – 0.001464800 – 0.001508400 — 73.324400396201 – 68.020711242856
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Triple bottom chart pattern – –