SOL/BTC – 30M – BUYThe currency pair Solana/Bitcoin (SOL/BTC) breaks through the descending trendline upwards
A bullish movement upwards to the next resistance at 0.001594600 will persist.
Caution: A possible reversal of the trend in the direction of the support line at 0.001562500 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Northern Doji’ chart pattern is detected. The candles show ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001719800 |
| 2nd High | 0.001613600 |
| Next High | 0.001594600 |
| Current Price | 0.001581000 |
| Next Low | 0.001562500 |
| 2nd Low | 0.001529200 |
| 3rd Low | 0.001522800 |
0.001594600 – 0.001613600 – 0.001591100 – 0.001562500 – 0.001529200 – 0.001522800 — 49.994046300668 – 52.550211523397
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Triple bottom chart pattern –