The pair Solana/Bitcoin (SOL/BTC) breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance at is expected.
Caution: A possible trend reversal in the direction of the support zone at 0.001690200 should always be considered.
Consider stop-loss settings accordingly.
Also there is a ‘Northern Doji’ candlestick chart pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The currency 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 | |
| 2nd High | |
| Next High | |
| Current Price | 0.001761500 |
| Next Low | 0.001690200 |
| 2nd Low | 0.001586900 |
| 3rd Low | 0.001576400 |
0.001729300 – 0.001634300 – 0.001638400 – 0.001690200 – 0.001586900 – 0.001601400 — 61.098261913141 – 61.183646352609
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – – –