SOL/BTC – 30M – BUYBesides a ‘Double bottom chart pattern’ chart layout is found. The chart picture forms ‘Double bottom chart pattern’. which is a positive pattern signal. The currency pair is likely to rise.
The combination Solana/Bitcoin (SOL/BTC) moves from the bullish trendline up.
A continuation of the bullish trend up to the next resistance level at 0.001834200 is expected.
Caution: A possible change in the direction of the support level at 0.001773900 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Northern Doji’ chart pattern is discovered. The candles form ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance 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 | 0.001836100 |
| Next Low | 0.001773900 |
| 2nd Low | 0.001760000 |
| 3rd Low | 0.001690200 |
0.001834200 – 0.001777800 – 0.001799000 – 0.001773900 – 0.001760000 – 0.001690200 — 64.530915764865 – 66.590984899478
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Double bottom chart pattern – –