SOL/BTC – 30M – BUYThere is also a ‘Triple bottom chart pattern’ chart layout is detected. The chart shows ‘Triple bottom chart pattern’. this is a bullish chart scenario. The currency pair is likely to rise.
The currency pair Solana/Bitcoin (SOL/BTC) breaks through the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance at 0.001503600 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.001445000 is within the realm of possibility.
Consider stop-loss settings accordingly.
There is also a ‘Northern Doji’ candlestick pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001560000 |
| 2nd High | 0.001509500 |
| Next High | 0.001503600 |
| Current Price | 0.001522600 |
| Next Low | 0.001445000 |
| 2nd Low | 0.001396000 |
| 3rd Low | 0.001357400 |
0.001503600 – 0.001473200 – 0.001400000 – 0.001445000 – 0.001447400 – 0.001396000
Trading Signals: FOREX – SOL – SOL/BTC – BTC – Northern Doji – Triple bottom chart pattern