The currency pair Solana/Bitcoin (SOL/BTC) moves from the descending trendline up.
A bullish movement up to the next resistance level at 0.001758900 is considered certain.
Caution: A possible change in the direction of the support level at 0.001650000 is also possible.
Consider stop-loss settings accordingly.
Then a ‘Northern Doji’ chart pattern is existing. The chart shows ‘Northern Doji’. which is a positive chart scenario. The currency 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 | 0.001794300 |
2nd High | 0.001793300 |
Next High | 0.001758900 |
Current Price | 0.001657600 |
Next Low | 0.001650000 |
2nd Low | |
3rd Low |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji