The currency pair Solana/Bitcoin (SOL/BTC) breaks through the bullish trendline up.
A continuation of the bullish trend up to the next resistance level at is expected.
Caution: A possible reversal of the trend in the direction of support at 0.001818200 could happen.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.0018877 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance level at could happen.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Northern Doji’ candle chart pattern is detected. The candles form ‘Northern Doji’. which is a bullish pattern signal. 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 | |
| Current Price | 0.001905600 |
| Next Low | 0.001818200 |
| 2nd Low | 0.001685800 |
| 3rd Low | 0.001586900 |
0.001887700 – 0.001881300 – 0.001834200 – 0.001818200 – 0.001685800 – 0.001773900 — 67.697256355029 – 67.541380390538
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Symmetrical Triangle Chart Pattern – –