There is also a ‘Double bottom chart pattern’ chart layout is detected. The chart picture forms ‘Double bottom chart pattern’. this is a bullish pattern signal. The pair is likely to go up.
The pair Solana/Bitcoin (SOL/BTC) jumps from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance level at 0.001887700 will continue.
Caution: A possible reversal of the trend in the direction of the support zone at 0.001818200 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The pair is likely to go up.
There is also a ‘Northern Doji’ chart pattern is detected. The candles form ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. 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 | |
| 2nd High | |
| Next High | 0.001887700 |
| Current Price | 0.001890400 |
| Next Low | 0.001818200 |
| 2nd Low | 0.001685800 |
| 3rd Low | 0.001586900 |
0.001887700 – 0.001881300 – 0.001834200 – 0.001818200 – 0.001685800 – 0.001773900 — 56.997210060146 – 57.758647079177
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Double bottom chart pattern – –