SOL/BTC – 1H – SELLThe currency pair Solana/Bitcoin (SOL/BTC) goes from the ascending trendline down.
A descent downwards to the next support at 0.001910000 will persist.
Caution: A possible change in the direction of resistance at 0.001986100 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Northern Doji’ candle pattern is found. The candles form ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.001986100 |
| Current Price | 0.001959300 |
| Next Low | 0.001910000 |
| 2nd Low | 0.001895600 |
| 3rd Low | 0.001817400 |
0.001986100 – 0.001947000 – 0.001931800 – 0.001910000 – 0.001895600 – 0.001817400 — 50.445838999309 – 50.161185987676
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Triple bottom chart pattern – –