SOL/BTC – 30M – BUYThe pair Solana/Bitcoin (SOL/BTC) goes from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance at 0.001986100 is expected.
Caution: A possible trend reversal in the direction of the support level at 0.001910000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.001986100 |
| Current Price | 0.001974800 |
| Next Low | 0.001910000 |
| 2nd Low | 0.001895600 |
| 3rd Low | 0.001862400 |
0.001986100 – 0.001947000 – 0.001931800 – 0.001910000 – 0.001895600 – 0.001862400 — 53.463806328717 – 62.796281144087
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – – –