The pair Solana/Bitcoin (SOL/BTC) breaks through the descending trendline up.
A bullish ascent up to the next resistance at 0.001395300 is likely expected.
Caution: A possible change in the direction of the support zone at could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart scenario. The currency pair could go up.
Besides a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001487300 |
| 2nd High | 0.001423500 |
| Next High | 0.001395300 |
| Current Price | 0.001375700 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.001395300 – 0.001379400 – 0.001392000 – 0.001349000 – 0.001348800 – 0.001360400
Trading Signals: FOREX – SOL – SOL/BTC – BTC – Northern Doji – Double bottom retreat down