Next a ‘Triple bottom chart pattern’ chart layout is detected. The chart picture forms ‘Triple bottom chart pattern’. this is a bullish pattern signal. The currency pair is likely to go up.
The pair Solana/Bitcoin (SOL/BTC) moves from the ascending trendline downwards
A descending movement downwards to the next support at 0.001785400 is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.001848000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Northern Doji’ chart pattern is found. The candles form ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.001848000 |
| Current Price | 0.001853300 |
| Next Low | 0.001785400 |
| 2nd Low | 0.001773900 |
| 3rd Low | 0.001760000 |
0.001848000 – 0.001834200 – 0.001777800 – 0.001785400 – 0.001773900 – 0.001760000 — 67.665952377961 – 59.380905385663
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Triple bottom chart pattern – –