SOL/BTC – 30M – BUYAnd also a ‘Double top retreat up’ chart pattern is found. The chart picture forms ‘Double top retreat up’. this is a bullish signal. The currency pair is likely to rise.
The currency pair Solana/Bitcoin (SOL/BTC) breaks through the bearish trendline up.
A bullish movement upwards to the next resistance level at 0.001392000 is expected.
Caution: A possible change in the direction of the support zone at 0.001352100 could occur.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Northern Doji’ candlestick pattern is existing. The candles show ‘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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001487300 |
| 2nd High | 0.001423500 |
| Next High | 0.001392000 |
| Current Price | 0.001363000 |
| Next Low | 0.001352100 |
| 2nd Low | 0.001350600 |
| 3rd Low | 0.001321400 |
0.001392000 – 0.001423500 – 0.001421100 – 0.001360400 – 0.001386000 – 0.001367700
Trading Signals: FOREX – SOL – SOL/BTC – BTC – Northern Doji – Double top retreat up