The pair Solana/Bitcoin (SOL/BTC) jumps from the ascending trendline up.
A continuation of the uptrend up to the next resistance level at 0.001720700 is certain.
Caution: A possible reversal of the trend in the direction of the support line at is within the realm of possibility.
Consider stop-loss settings accordingly.
There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The currency pair could go up.
There is also a ‘RSI cross above 30’ indicator layout is existing. The indicator is ‘RSI cross above 30’. which is often a bullish signal. The currency pair could go up.
There is also a ‘Northern Doji’ candle chart pattern is discovered. The candles form ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001740400 |
| 2nd High | 0.001739200 |
| Next High | 0.001720700 |
| Current Price | 0.001626000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.001720700 – 0.001739200 – 0.001536300 – 0.001649800 – 0.001486200 – 0.001479400
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Rising Wedge Chart Pattern –