The combination Solana/Bitcoin (SOL/BTC) breaks through the descending trendline up.
A bullish ascent up to the next resistance level at 0.001856700 will continue.
Caution: A possible counter-trend in the direction of the support level at 0.001818700 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Northern Doji’ chart pattern is existing. The candles show ‘Northern Doji’. which is a bullish 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 | 0.001895800 |
| 2nd High | 0.001880600 |
| Next High | 0.001856700 |
| Current Price | 0.001844400 |
| Next Low | 0.001818700 |
| 2nd Low | 0.001804400 |
| 3rd Low | 0.001797600 |
0.001856700 – 0.001880600 – 0.001895800 – 0.001818700 – 0.001858100 – 0.001861200 — 49.845544534967 – 54.36557862304
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Double top retreat up – –