SOL/BTC – 1H – BUYThe combination Solana/Bitcoin (SOL/BTC) breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance level at will persist.
Caution: A possible counter-trend in the direction of the support level at 0.001910000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Northern Doji’ candle pattern is existing. The chart forms ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.001972500 |
| Next Low | 0.001910000 |
| 2nd Low | 0.001895600 |
| 3rd Low | 0.001817400 |
0.001947000 – 0.001931800 – 0.001837500 – 0.001910000 – 0.001895600 – 0.001817400 — 63.287821169304 – 64.321809624308
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Symmetrical Triangle Chart Pattern – –