SOL/BTC – 1H – BUYThe pair Solana/Bitcoin (SOL/BTC) breaks through the bearish trendline up.
An ascent upwards to the next resistance level at 0.001888900 is likely expected.
Caution: A possible change in the direction of the support zone at is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair is likely to rise.
Besides a ‘Northern Doji’ candle chart pattern is existing. The chart shows ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001952400 |
| 2nd High | 0.001909900 |
| Next High | 0.001888900 |
| Current Price | 0.001881900 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.001888900 – 0.001909900 – 0.001952400 – 0.001825600 – 0.001858500 – 0.001844600 — 52.753537521682 – 54.185211266892
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Inverse Head and Shoulder chart pattern – –