Additionally a ‘Double bottom retreat down’ chart layout is found. The chart shows ‘Double bottom retreat down’. this is a bearish pattern signal. The currency pair is likely to fall.
The pair Solana/Bitcoin (SOL/BTC) goes from the ascending trendline down.
A bearish descent downwards to the next support line at 0.001844600 will persist.
Caution: A possible change in the direction of the resistance line at should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.001919700 |
| Next Low | 0.001844600 |
| 2nd Low | 0.001818200 |
| 3rd Low | 0.001741500 |
0.001915400 – 0.001913100 – 0.001887700 – 0.001844600 – 0.001818200 – 0.001741500 — 57.356943237694 – 51.734424294541
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Double bottom retreat down – –