The combination Solana/Bitcoin (SOL/BTC) jumps from the bullish trendline up.
A continuation of the upward movement up to the next resistance at 0.001700200 will continue.
Caution: A possible change in the direction of the support zone at 0.001593600 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Northern Doji’ candle pattern is detected. The chart shows ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.001901200 |
2nd High | 0.001784600 |
Next High | 0.001700200 |
Current Price | 0.001607600 |
Next Low | 0.001593600 |
2nd Low | 0.001576200 |
3rd Low | 0.001482000 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji