The currency pair Solana/Bitcoin (SOL/BTC) breaks through the bullish trendline upwards
A continuation of the upward movement up to the next resistance at 0.001947000 is expected.
Caution: A possible change in the direction of the support zone at 0.001910000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Northern Doji’ candlestick pattern is existing. 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 likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.001952400 |
| Next High | 0.001947000 |
| Current Price | 0.001959300 |
| Next Low | 0.001910000 |
| 2nd Low | 0.001895600 |
| 3rd Low | 0.001862400 |
0.001947000 – 0.001931800 – 0.001925300 – 0.001910000 – 0.001895600 – 0.001862400 — 58.888606578807 – 59.290711882501
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – – –