The pair Solana/Bitcoin (SOL/BTC) goes from the bullish trendline up.
A continuation of the upward movement up to the next resistance line at 0.001546100 is likely expected.
Caution: A possible counter-trend in the direction of the support zone at 0.001456400 is within the realm of possibility.
Consider stop-loss settings accordingly.
Furthermore a ‘RSI cross above 70’ indicator layout is existing. The indicator is ‘RSI cross above 70’. this is usually a bullish chart scenario. The pair is likely to go up.
Furthermore a ‘StochRSI fall below 80’ indicator layout is existing. The indicator is ‘StochRSI fall below 80’. this is usually a bullish chart scenario. The pair is likely to go up.
Furthermore a ‘Northern Doji’ candle pattern is found. The candles show ‘Northern Doji’. which is a bullish chart scenario. 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 | 0.001626700 |
| 2nd High | 0.001567700 |
| Next High | 0.001546100 |
| Current Price | 0.001555400 |
| Next Low | 0.001456400 |
| 2nd Low | 0.001429500 |
| 3rd Low | 0.001421300 |
0.001469500 – 0.001441300 – 0.001493500 – 0.001456400 – 0.001429500 – 0.001421300 — 75.040113817654 – 76.191062419009
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – – –