SOL/BTC – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Current target is 0.0015489 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.001600000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Northern Doji’ candlestick pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish 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).
In addition a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001619200 |
| 2nd High | 0.001601500 |
| Next High | 0.001600000 |
| Current Price | 0.001555700 |
| Next Low | 0.001441000 |
| 2nd Low | 0.001433900 |
| 3rd Low | 0.001376000 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji