SOL/BTC – 30M – SELL

The currency pair Solana/Bitcoin (SOL/BTC) moves from the descending trendline down.

A continuation of the downward movement downwards to the next support level at 0.002020000 is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.002106800 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The currency pair could go down.

Next a ‘Northern Doji’ candle pattern is detected. The chart forms ‘Northern Doji’. which is a bullish 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).

0.002106800 – 0.002149000 – 0.002155500 – 0.002020000 – 0.002076700 – 0.002047100 — 40.991823628426 – 36.214127635187

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Triple bottom chart pattern – –