The pair Solana/Bitcoin (SOL/BTC) jumps from the bullish trendline downwards
A bearish movement down to the next support line at 0.001741500 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 0.001881300 could happen.
Consider stop-loss settings accordingly.
Besides a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.
Besides a ‘Southern Doji’ chart pattern is discovered. The chart forms ‘Southern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.001881300 |
| Current Price | 0.001840000 |
| Next Low | 0.001741500 |
| 2nd Low | 0.001701500 |
| 3rd Low | 0.001685800 |
0.001776900 – 0.001721600 – 0.001881300 – 0.001741500 – 0.001701500 – 0.001685800 — 51.427973091912 – 50.691692504787
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Southern Doji – – –