The pair Solana/Bitcoin (SOL/BTC) breaks through the descending trendline up.
A bullish ascent up to the next resistance level at 0.00152 is likely expected.
Caution: A possible counter-trend in the direction of support at 0.00149 could happen.
Consider stop-loss settings accordingly.
And also a ‘Northern Doji’ chart pattern is detected. The candles show ‘Northern Doji’. which is a bullish pattern signal. 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00184 |
| 2nd High | 0.00153 |
| Next High | 0.00152 |
| Current Price | 0.001496600 |
| Next Low | 0.00149 |
| 2nd Low | 0.00147 |
| 3rd Low | 0.00146 |
0.00152 – 0.00153 – 0.00151 – 0.00151 – 0.00149 – 0.00149 — 33.837169762086 – 33.837169762086 — 21.627415744506 – 23.131246256187 – 16.556322708787 – 19.978036297908
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – – –