SOL/BTC – 4H – BUYThe pair Solana/Bitcoin (SOL/BTC) breaks through the bearish trendline up.
A bullish ascent up to the next resistance at 0.00143 will persist.
Caution: A possible trend reversal in the direction of the support line at 0.00117 is within the realm of possibility.
Consider stop-loss settings accordingly.
Besides a ‘Northern Doji’ candle chart pattern is found. The candles show ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. 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 | 0.00187 |
| 2nd High | 0.00146 |
| Next High | 0.00143 |
| Current Price | 0.001251600 |
| Next Low | 0.00117 |
| 2nd Low | 0.00112 |
| 3rd Low |
0.00143 – 0.00143 – 0.00146 – 0.00117 – 0.00112 – 0.00136 —
0.001254600 – 0.001271500 —
65.66122096096 – 55.820495668782 —
– —
0.00143 – 1769529600
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Inverse Head and Shoulder chart pattern – –