SOL/BTC – 30M – BUYThe currency pair Solana/Bitcoin (SOL/BTC) breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance line at 0.001785000 will persist.
Caution: A possible counter-trend in the direction of the support level at 0.001644500 could occur.
Consider stop-loss settings accordingly.
Additionally a ‘Northern Doji’ chart pattern is existing. The chart forms ‘Northern Doji’. which 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 probability 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 | 0.001785000 |
| Current Price | 0.001825100 |
| Next Low | 0.001644500 |
| 2nd Low | 0.001633400 |
| 3rd Low | 0.001576200 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji