SOL/BTC – 1H – BUYThe currency pair Solana/Bitcoin (SOL/BTC) breaks through the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance line at is expected.
Caution: A possible reversal of the trend in the direction of the support line at 0.001941100 could occur.
Consider stop-loss settings accordingly.
Furthermore a ‘Northern Doji’ candlestick chart pattern is found. The chart shows ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.002087300 |
| Next Low | 0.001941100 |
| 2nd Low | 0.001910000 |
| 3rd Low | 0.001895600 |
0.002005000 – 0.001980200 – 0.001986100 – 0.001941100 – 0.001910000 – 0.001895600 — 67.009766225423 – 70.143933657413
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Triple bottom chart pattern – –