The combination Solana/Bitcoin (SOL/BTC) breaks through the bearish trendline upwards
An ascent upwards to the next resistance at 0.001608800 will persist.
Caution: A possible reversal of the trend in the direction of the support level at could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The pair is likely to go up.
Also there is a ‘Northern Doji’ candle pattern is found. The candles show ‘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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001662300 |
| 2nd High | 0.001612500 |
| Next High | 0.001608800 |
| Current Price | 0.001609000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.001608800 – 0.001612500 – 0.001662300 – 0.001577400 – 0.001566900 – 0.001595500 — 58.008915938015 – 61.257184980663
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Double bottom chart pattern – –