SOL/BTC – 1H – BUYThe currency pair Solana/Bitcoin (SOL/BTC) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance at 0.001536300 is certain.
Caution: A possible counter-trend in the direction of the support line at 0.001445000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. this is usually a bullish signal. The currency pair could go up.
There is also a ‘Northern Doji’ candle pattern is discovered. The candles form ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. 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 | 0.001616800 |
| 2nd High | 0.001560000 |
| Next High | 0.001536300 |
| Current Price | 0.001517600 |
| Next Low | 0.001445000 |
| 2nd Low | 0.001347600 |
| 3rd Low | 0.001288500 |
0.001536300 – 0.001503600 – 0.001395300 – 0.001445000 – 0.001347600 – 0.001349000
Trading Signals: FOREX – SOL – SOL/BTC – BTC – Northern Doji –