SOL/BTC – 1H – BUYThe currency pair Solana/Bitcoin (SOL/BTC) breaks through the bullish trendline upwards
A continuation of the bullish trend up to the next resistance level at is likely expected.
Caution: A possible trend reversal in the direction of support at 0.001941100 should always be considered.
Consider stop-loss settings accordingly.
There is also a ‘Northern Doji’ candlestick chart pattern is detected. The candles form ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.002101000 |
| Next Low | 0.001941100 |
| 2nd Low | 0.001910000 |
| 3rd Low | 0.001895600 |
0.002005000 – 0.001980200 – 0.001986100 – 0.001941100 – 0.001910000 – 0.001895600 — 69.289613058425 – 72.172467446056
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Double bottom chart pattern – –