SOL/BTC – 4H – BUYThe combination Solana/Bitcoin (SOL/BTC) jumps from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance level at 0.001487300 will persist.
Caution: A possible reversal of the trend in the direction of the support line at 0.001350600 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.
Furthermore a ‘Northern Doji’ candlestick chart pattern is existing. The chart forms ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. 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 | 0.001560000 |
| 2nd High | 0.001509500 |
| Next High | 0.001487300 |
| Current Price | 0.001369600 |
| Next Low | 0.001350600 |
| 2nd Low | 0.001288500 |
| 3rd Low | 0.001256200 |
0.001487300 – 0.001383300 – 0.001486400 – 0.001350600 – 0.001288500 – 0.001256200
Trading Signals: FOREX – SOL – SOL/BTC – BTC – Northern Doji –