SOL/BTC – 30M – SELLThe pair Solana/Bitcoin (SOL/BTC) jumps from the descending trendline downwards
A continuation of the bearish trend down to the next support line at 0.001825500 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.001847200 is within the realm of possibility.
Consider stop-loss settings accordingly.
Besides a ‘Northern Doji’ candlestick pattern is existing. The candles form ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. 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 | 0.001880600 |
| 2nd High | 0.001856700 |
| Next High | 0.001847200 |
| Current Price | 0.001828600 |
| Next Low | 0.001825500 |
| 2nd Low | 0.001823900 |
| 3rd Low | 0.001818700 |
0.001847200 – 0.001856700 – 0.001880600 – 0.001825500 – 0.001823900 – 0.001818700 — 45.76530615855 – 42.019009920467
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Double top chart pattern – –