SOL/BTC – 30M – SELL

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

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

Caution: A possible trend reversal in the direction of resistance at 0.002106800 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bearish signal. The currency pair could go down.

Additionally a ‘Northern Doji’ candlestick pattern is found. The chart forms ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.002106800 – 0.002149000 – 0.002155500 – 0.002020000 – 0.002076700 – 0.002047100 — 40.991823628426 – 39.592691460762

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