SOL/BTC – 1H – BUYThe currency pair Solana/Bitcoin (SOL/BTC) breaks through the bullish trendline up.
A continuation of the bullish trend up to the next resistance line at is likely expected.
Caution: A possible reversal of the trend in the direction of support at 0.001586900 could be enabled.
Consider stop-loss settings accordingly.
Also there is a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The currency pair could go up.
Also there is a ‘Northern Doji’ candlestick chart 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 likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.001815500 |
| Next Low | 0.001586900 |
| 2nd Low | 0.001557500 |
| 3rd Low | 0.001548000 |
0.001799000 – 0.001659700 – 0.001590300 – 0.001586900 – 0.001601400 – 0.001557500 — 73.827054684984 – 76.755906261018
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Double top chart pattern – –