The combination Solana/Bitcoin (SOL/BTC) jumps from the ascending trendline up.
A continuation of the uptrend up to the next resistance at 0.001980200 is certain.
Caution: A possible change in the direction of the support level at could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.0019861 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance line at 0.001980200 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. 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 | 0.001986100 |
| Next High | 0.001980200 |
| Current Price | 0.001971000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.001980200 – 0.001986100 – 0.001947000 – 0.001944700 – 0.001910000 – 0.001895600 — 50.894511527537 – 57.790901250381
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Symmetrical Triangle Chart Pattern – –