SOL/BTC – 30M – BUYThe currency pair Solana/Bitcoin (SOL/BTC) jumps from the bearish trendline up.
An ascent upwards to the next resistance level at 0.001379400 is likely expected.
Caution: A possible counter-trend in the direction of the support line at 0.001348800 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Northern Doji’ candlestick chart pattern is detected. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The 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 | 0.001423500 |
| 2nd High | 0.001392000 |
| Next High | 0.001379400 |
| Current Price | 0.001361500 |
| Next Low | 0.001348800 |
| 2nd Low | 0.001321400 |
| 3rd Low | 0.001315900 |
0.001379400 – 0.001392000 – 0.001423500 – 0.001348800 – 0.001360400 – 0.001386000
Trading Signals: FOREX – SOL – SOL/BTC – BTC – Northern Doji – Symmetrical Triangle Chart Pattern