SOL/BTC – 4H – BUYThe pair Solana/Bitcoin (SOL/BTC) breaks through the descending trendline up.
A bullish movement up to the next resistance at 0.001423500 will continue.
Caution: A possible reversal of the trend in the direction of the support zone at could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The currency pair could go up.
In addition a ‘Northern Doji’ candlestick chart pattern is discovered. The candles show ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001509500 |
| 2nd High | 0.001487300 |
| Next High | 0.001423500 |
| Current Price | 0.001449200 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.001423500 – 0.001487300 – 0.001383300 – 0.001347600 – 0.001348800 – 0.001350600
Trading Signals: FOREX – SOL – SOL/BTC – BTC – Northern Doji – Triple bottom chart pattern