The pair Solana/Bitcoin (SOL/BTC) breaks through the descending trendline upwards
A bullish movement upwards to the next resistance at 0.001608800 is considered certain.
Caution: A possible reversal of the trend in the direction of support at should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair could go up.
And also a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘Northern Doji’. which is a positive signal. The currency 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 | 0.001662300 |
| 2nd High | 0.001612500 |
| Next High | 0.001608800 |
| Current Price | 0.001612000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.001608800 – 0.001612500 – 0.001662300 – 0.001577400 – 0.001566900 – 0.001595500 — 52.437144878423 – 59.794938219854
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – – –