SOL/BTC – 30M – BUYThe combination Solana/Bitcoin (SOL/BTC) breaks through the descending trendline upwards
An ascent up to the next resistance line at 0.001372900 will persist.
Caution: A possible reversal of the trend in the direction of support at 0.001358400 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Northern Doji’ candlestick pattern is existing. The candles show ‘Northern Doji’. which is a bullish pattern signal. The currency 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 | 0.001409600 |
| 2nd High | 0.001389500 |
| Next High | 0.001372900 |
| Current Price | 0.001369400 |
| Next Low | 0.001358400 |
| 2nd Low | 0.001350600 |
| 3rd Low | 0.001321400 |
0.001372900 – 0.001389500 – 0.001409600 – 0.001358400 – 0.001350600 – 0.001373000
Trading Signals: FOREX – SOL – SOL/BTC – BTC – Northern Doji –