SOL/BTC – 30M – BUYThe combination Solana/Bitcoin (SOL/BTC) breaks through the bearish trendline upwards
The bullish trend upwards to the next resistance at 0.001507300 is likely expected.
Caution: A possible change in the direction of support at is within the realm of possibility.
Consider stop-loss settings accordingly.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The currency pair is likely to rise.
Moreover a ‘Northern Doji’ candlestick chart pattern is found. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001586200 |
| 2nd High | 0.001555700 |
| Next High | 0.001507300 |
| Current Price | 0.001494500 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.001507300 – 0.001555700 – 0.001586200 – 0.001464800 – 0.001508400 – 0.001508300 — 64.042255317147 – 65.90515375933
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Triple bottom chart pattern – –