SOL/BTC – 30M – BUYThe pair Solana/Bitcoin (SOL/BTC) jumps from the bullish trendline upwards
A continuation of the bullish trend up to the next resistance at 0.001429300 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 0.001403700 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Northern Doji’ candle pattern is found. The chart forms ‘Northern Doji’. which is a bullish chart scenario. 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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001469000 |
| 2nd High | 0.001439100 |
| Next High | 0.001429300 |
| Current Price | 0.001410700 |
| Next Low | 0.001403700 |
| 2nd Low | 0.001389700 |
| 3rd Low | 0.001375000 |
0.001429300 – 0.001439100 – 0.001469000 – 0.001403700 – 0.001389700 – 0.001451000
Trading Signals: FOREX – SOL – SOL/BTC – BTC – Northern Doji