SOL/BTC – 30M – BUYThe currency pair Solana/Bitcoin (SOL/BTC) jumps from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance line at 0.001533400 is certain.
Caution: A possible reversal of the trend in the direction of the support line at 0.001486200 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Northern Doji’ candle chart pattern is found. The candles form ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001560000 |
| 2nd High | 0.001536300 |
| Next High | 0.001533400 |
| Current Price | 0.001497800 |
| Next Low | 0.001486200 |
| 2nd Low | 0.001479400 |
| 3rd Low | 0.001445000 |
0.001533400 – 0.001536300 – 0.001503600 – 0.001486200 – 0.001486800 – 0.001479400
Trading Signals: FOREX – SOL – SOL/BTC – BTC – Northern Doji –