SOL/BTC – 30M – BUYThe combination Solana/Bitcoin (SOL/BTC) jumps from the ascending trendline upwards
A continuation of the uptrend up to the next resistance at 0.001384500 will continue.
Caution: A possible trend reversal in the direction of the support level at 0.001347600 is within the realm of possibility.
Consider stop-loss settings accordingly.
Furthermore a ‘Northern Doji’ candle pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish pattern signal. 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 | 0.001423500 |
| 2nd High | 0.001395300 |
| Next High | 0.001384500 |
| Current Price | 0.001365500 |
| Next Low | 0.001347600 |
| 2nd Low | 0.001321400 |
| 3rd Low | 0.001315900 |
0.001384500 – 0.001395300 – 0.001379400 – 0.001347600 – 0.001352800 – 0.001349000
Trading Signals: FOREX – SOL – SOL/BTC – BTC – Northern Doji – Triple bottom chart pattern