The currency pair Solana/Bitcoin (SOL/BTC) breaks through the bullish trendline up.
A continuation of the bullish trend up to the next resistance level at is certain.
Caution: A possible change in the direction of the support level at 0.001685800 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a positive signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Current target is 0.0018813 at the Fibonacci level 0-Level. Caution: A possible change in the direction of resistance at could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Northern Doji’ candlestick chart pattern is discovered. The candles form ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.001929600 |
| Next Low | 0.001685800 |
| 2nd Low | 0.001586900 |
| 3rd Low | 0.001548000 |
0.001881300 – 0.001655200 – 0.001707300 – 0.001685800 – 0.001586900 – 0.001548000 — 67.616740319987 – 70.361882194286
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Rising Wedge Chart Pattern – –