The pair Solana/Bitcoin (SOL/BTC) breaks through the descending trendline upwards
A bullish trend upwards to the next resistance level at 0.001527600 is likely expected.
Caution: A possible trend reversal in the direction of the support line at 0.001471000 could occur.
Consider stop-loss settings accordingly.
Furthermore a ‘RSI cross above 70’ indicator signal is detected. The indicator shows ‘RSI cross above 70’. which could be a positive chart signal. The pair is likely to go up.
Furthermore a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001546100 |
| 2nd High | 0.001543800 |
| Next High | 0.001527600 |
| Current Price | 0.001538600 |
| Next Low | 0.001471000 |
| 2nd Low | 0.001445000 |
| 3rd Low | 0.001396000 |
0.001527600 – 0.001543800 – 0.001546100 – 0.001471000 – 0.001500000 – 0.001522700 — 66.377437458217 – 70.061940678512
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – –