The currency pair Solana/Bitcoin (SOL/BTC) breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance level at is expected.
Caution: A possible change in the direction of the support level at 0.002047100 could happen.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bullish 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 expected. Target of the current trend is 0.0021048 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance zone at could happen.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Northern Doji’ candlestick pattern is existing. The candles show ‘Northern Doji’. which is a positive 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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.002129600 |
| Next Low | 0.002047100 |
| 2nd Low | 0.001941100 |
| 3rd Low | 0.001910000 |
0.002104800 – 0.002096600 – 0.002005000 – 0.002047100 – 0.002056200 – 0.001941100 — 75.484041687516 – 78.537482324346
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – – –