Then a ‘Double top chart pattern’ chart layout is discovered. The chart shows ‘Double top chart pattern’. this is a bearish signal. The currency pair is likely to go down.
The pair Solana/Bitcoin (SOL/BTC) goes from the bullish trendline down.
A descent down to the next support level at 0.001804400 is considered certain.
Caution: A possible change in the direction of the resistance zone at 0.001904700 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Northern Doji’ candle pattern is detected. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001909900 |
| 2nd High | 0.001905000 |
| Next High | 0.001904700 |
| Current Price | 0.001868500 |
| Next Low | 0.001804400 |
| 2nd Low | 0.001797600 |
| 3rd Low | 0.001741500 |
0.001904700 – 0.001905000 – 0.001852700 – 0.001874700 – 0.001804400 – 0.001797600 — 50.650114067693 – 41.145456168229
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Double top chart pattern – –