The combination Solana/Bitcoin (SOL/BTC) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance at 0.002154500 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.002093000 could occur.
Consider stop-loss settings accordingly.
Next a ‘Northern Doji’ candle chart pattern is discovered. The candles form ‘Northern Doji’. this is a bullish pattern signal. The currency 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 | 0.002155500 |
| Next High | 0.002154500 |
| Current Price | 0.002112400 |
| Next Low | 0.002093000 |
| 2nd Low | 0.002075600 |
| 3rd Low | 0.002009300 |
0.002154500 – 0.002117700 – 0.002064900 – 0.002093000 – 0.002075600 – 0.002009300 — 51.015591371359 – 52.099580179434
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Symmetrical Triangle Chart Pattern – –