SOL/BTC – 30M – BUYThe combination Solana/Bitcoin (SOL/BTC) moves from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance line at 0.001409600 will persist.
Caution: A possible change in the direction of the support level at 0.001373000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Northern Doji’ candle chart pattern is detected. The candles form ‘Northern Doji’. this is a bullish signal. 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 | 0.001509500 |
| 2nd High | 0.001487300 |
| Next High | 0.001409600 |
| Current Price | 0.001384200 |
| Next Low | 0.001373000 |
| 2nd Low | 0.001321400 |
| 3rd Low | 0.001315900 |
0.001409600 – 0.001487300 – 0.001432000 – 0.001373000 – 0.001373900 – 0.001398400
Trading Signals: FOREX – SOL – SOL/BTC – BTC – Northern Doji – Rising Wedge Chart Pattern