SOL/BTC – 4H – BUYThe combination Solana/Bitcoin (SOL/BTC) breaks through the ascending trendline up.
A continuation of the upward movement upwards to the next resistance level at 0.001952400 is likely expected.
Caution: A possible counter-trend in the direction of the support line at 0.001811300 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Northern Doji’ candle pattern is found. The candles show ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.001952400 |
| Current Price | 0.002068100 |
| Next Low | 0.001811300 |
| 2nd Low | 0.001797600 |
| 3rd Low | 0.001685800 |
0.001905000 – 0.001952400 – 0.001881300 – 0.001811300 – 0.001797600 – 0.001825600 — 77.031765950515 – 79.991467006866
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Triple bottom chart pattern – –