The combination Solana/Bitcoin (SOL/BTC) breaks through the descending trendline upwards
An ascending movement up to the next resistance at 0.00126 will persist.
Caution: A possible trend reversal in the direction of the support level at 0.00112 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.00128044 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.00126 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Northern Doji’ candle pattern is existing. The candles show ‘Northern Doji’. this is a bullish 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 | 0.00133 |
| 2nd High | 0.0013 |
| Next High | 0.00126 |
| Current Price | 0.001230200 |
| Next Low | 0.00112 |
| 2nd Low | |
| 3rd Low |
0.00126 – 0.0013 – 0.00128 – 0.00112 – 0.00124 – 0.00124 —
0.001231100 – 0.001231300 —
50.397280423974 – 48.834398954755 —
– —
0.00126 – 1770332400
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Symmetrical Triangle Chart Pattern – –