The pair Solana/Bitcoin (SOL/BTC) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance at 0.001474500 is certain.
Caution: A possible trend reversal in the direction of the support zone at 0.001439000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Northern Doji’ candlestick pattern is found. The candles form ‘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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001560000 |
| 2nd High | 0.001496400 |
| Next High | 0.001474500 |
| Current Price | 0.001494200 |
| Next Low | 0.001439000 |
| 2nd Low | 0.001429600 |
| 3rd Low | 0.001420500 |
0.001474500 – 0.001467800 – 0.001454700 – 0.001439000 – 0.001429600 – 0.001420500
Trading Signals: FOREX – SOL – SOL/BTC – BTC – Northern Doji