SOL/BTC – 30M – BUYThe currency pair Solana/Bitcoin (SOL/BTC) breaks through the bearish trendline up.
An ascent up to the next resistance at 0.001527300 is considered certain.
Caution: A possible change in the direction of the support line at 0.001506800 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Northern Doji’ candle chart pattern is found. The candles form ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. 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 | 0.001554800 |
| 2nd High | 0.001543600 |
| Next High | 0.001527300 |
| Current Price | 0.001520300 |
| Next Low | 0.001506800 |
| 2nd Low | 0.001490200 |
| 3rd Low | 0.001490000 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji