SOL/BTC – 30M – BUYThen a ‘Falling Wedge Chart Pattern’ chart pattern is detected. The chart forms ‘Falling Wedge Chart Pattern’. which is a positive signal. The pair is likely to go up.
The currency pair Solana/Bitcoin (SOL/BTC) breaks through the descending trendline upwards
An ascending movement up to the next resistance level at 0.001403600 is expected.
Caution: A possible trend reversal in the direction of the support level at 0.001372000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.
Then a ‘Northern Doji’ candlestick chart pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001560000 |
| 2nd High | 0.001509500 |
| Next High | 0.001403600 |
| Current Price | 0.001397500 |
| Next Low | 0.001372000 |
| 2nd Low | 0.001345600 |
| 3rd Low | 0.001338400 |
0.001403600 – 0.001392800 – 0.001509500 – 0.001372000 – 0.001439000 – 0.001429600
Trading Signals: FOREX – SOL – SOL/BTC – BTC – Northern Doji