The pair Solana/Bitcoin (SOL/BTC) breaks through the descending trendline upwards
A bullish trend upwards to the next resistance line at 0.001834400 is expected.
Caution: A possible trend reversal in the direction of the support level at 0.001811300 could happen.
Consider stop-loss settings accordingly.
In addition a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.
In addition a ‘Northern Doji’ candle chart pattern is found. The candles show ‘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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001856700 |
| 2nd High | 0.001847200 |
| Next High | 0.001834400 |
| Current Price | 0.001822700 |
| Next Low | 0.001811300 |
| 2nd Low | 0.001804400 |
| 3rd Low | 0.001797600 |
0.001834400 – 0.001847200 – 0.001856700 – 0.001811300 – 0.001825500 – 0.001823900 — 47.139661819718 – 50.476070433044
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Double bottom chart pattern – –