The pair Solana/Bitcoin (SOL/BTC) breaks through the descending trendline upwards
A bullish movement upwards to the next resistance at 0.001367500 is considered certain.
Caution: A possible trend reversal in the direction of the support line at 0.001352100 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Northern Doji’ chart pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001389500 |
| 2nd High | 0.001373500 |
| Next High | 0.001367500 |
| Current Price | 0.001365100 |
| Next Low | 0.001352100 |
| 2nd Low | 0.001350600 |
| 3rd Low | 0.001321400 |
0.001367500 – 0.001373500 – 0.001372900 – 0.001352100 – 0.001358400 – 0.001350600
Trading Signals: FOREX – SOL – SOL/BTC – BTC – Northern Doji –