SOL/BTC – 1H – BUYThe combination Solana/Bitcoin (SOL/BTC) breaks through the descending trendline up.
An ascent upwards to the next resistance level at 0.001837500 is likely expected.
Caution: A possible reversal of the trend in the direction of support at 0.001811300 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Northern Doji’ chart pattern is found. The chart shows ‘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 likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001904700 |
| 2nd High | 0.001856700 |
| Next High | 0.001837500 |
| Current Price | 0.001832500 |
| Next Low | 0.001811300 |
| 2nd Low | 0.001804400 |
| 3rd Low | 0.001797600 |
0.001837500 – 0.001856700 – 0.001904700 – 0.001811300 – 0.001818700 – 0.001858100 — 53.67023831871 – 53.535965052251
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Rising Wedge Chart Pattern – –