SOL/BTC – 1H – BUYThe pair Solana/Bitcoin (SOL/BTC) moves from the bearish trendline upwards
A bullish ascent upwards to the next resistance at 0.001379400 is expected.
Caution: A possible trend reversal in the direction of the support level at 0.001348800 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a positive signal. The currency pair is likely to rise.
Additionally a ‘Northern Doji’ candle pattern is found. The candles show ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001487300 |
| 2nd High | 0.001423500 |
| Next High | 0.001379400 |
| Current Price | 0.001366800 |
| Next Low | 0.001348800 |
| 2nd Low | 0.001288500 |
| 3rd Low | 0.001256200 |
0.001379400 – 0.001423500 – 0.001421100 – 0.001348800 – 0.001360400 – 0.001367700
Trading Signals: FOREX – SOL – SOL/BTC – BTC – Northern Doji –