SOL/BTC – 30M – BUYThe currency pair Solana/Bitcoin (SOL/BTC) breaks through the bullish trendline up.
A continuation of the upward movement upwards to the next resistance level at 0.001659700 will continue.
Caution: A possible counter-trend in the direction of the support level at 0.001628300 should be noted.
Consider stop-loss settings accordingly.
Furthermore a ‘Northern Doji’ candlestick pattern is discovered. The candles show ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001707300 |
| 2nd High | 0.001662300 |
| Next High | 0.001659700 |
| Current Price | 0.001612800 |
| Next Low | 0.001628300 |
| 2nd Low | 0.001576400 |
| 3rd Low | 0.001557500 |
0.001659700 – 0.001599400 – 0.001590300 – 0.001628300 – 0.001576400 – 0.001557500 — 40.407088545473 – 41.639771202815
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Triple bottom chart pattern – –