The pair Solana/Bitcoin (SOL/BTC) jumps from the bullish trendline upwards
A continuation of the bullish trend up to the next resistance level at 0.001834200 is certain.
Caution: A possible trend reversal in the direction of the support level at 0.001760000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The pair is likely to go up.
Moreover a ‘Northern Doji’ candlestick pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish 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 | |
| 2nd High | |
| Next High | 0.001834200 |
| Current Price | 0.001812300 |
| Next Low | 0.001760000 |
| 2nd Low | 0.001690200 |
| 3rd Low | 0.001586900 |
0.001834200 – 0.001777800 – 0.001799000 – 0.001760000 – 0.001690200 – 0.001586900 — 57.74990749611 – 59.280544547038
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – – –