Furthermore a ‘Triple bottom chart pattern’ chart formation is detected. The chart picture shows ‘Triple bottom chart pattern’. which is a bullish pattern signal. The pair is likely to go up.
The currency pair Solana/Bitcoin (SOL/BTC) breaks through the ascending trendline upwards
A continuation of the bullish trend up to the next resistance at 0.001881300 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 0.001741500 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Northern Doji’ candle chart pattern is discovered. The chart shows ‘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 | 0.001881300 |
| Current Price | 0.001831800 |
| Next Low | 0.001741500 |
| 2nd Low | 0.001701500 |
| 3rd Low | 0.001685800 |
0.001776900 – 0.001721600 – 0.001881300 – 0.001741500 – 0.001701500 – 0.001685800 — 69.66310771033 – 70.760622055882
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Triple bottom chart pattern – –