The pair Solana/Bitcoin (SOL/BTC) breaks through the bearish trendline up.
An ascent upwards to the next resistance level at 0.00146 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 0.0014 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘%K crosses above %D’ indicator layout is found. The indicator is ‘%K crosses above %D’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Also there is a ‘Northern Doji’ candlestick pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00153 |
| 2nd High | 0.0015 |
| Next High | 0.00146 |
| Current Price | 0.001428800 |
| Next Low | 0.0014 |
| 2nd Low | 0.00135 |
| 3rd Low | 0.00129 |
0.00146 – 0.0015 – 0.00153 – 0.0014 – 0.00143 – 0.00141 —
0.001428500 – 0.001429100 —
46.494614079137 – 49.22696269358 —
– —
0.00146 – 1768878000
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Double top retreat up – –