SOL/BTC – 30M – BUYThe currency pair Solana/Bitcoin (SOL/BTC) breaks through the bearish trendline up.
An ascending movement up to the next resistance level at 0.001847200 is certain.
Caution: A possible trend reversal in the direction of support at 0.001823900 could occur.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Northern Doji’ chart pattern is found. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. 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 | 0.001880600 |
| 2nd High | 0.001856700 |
| Next High | 0.001847200 |
| Current Price | 0.001833900 |
| Next Low | 0.001823900 |
| 2nd Low | 0.001818700 |
| 3rd Low | 0.001804400 |
0.001847200 – 0.001856700 – 0.001880600 – 0.001823900 – 0.001818700 – 0.001858100 — 46.987241887961 – 48.464106860214
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – – –