SOL/BTC – 30M – BUYThe pair Solana/Bitcoin (SOL/BTC) breaks through the descending trendline upwards
The bullish trend upwards to the next resistance level at 0.001458300 is expected.
Caution: A possible counter-trend in the direction of the support level at 0.001420500 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001496400 |
| 2nd High | 0.001462100 |
| Next High | 0.001458300 |
| Current Price | 0.001453900 |
| Next Low | 0.001420500 |
| 2nd Low | 0.001407200 |
| 3rd Low | 0.001376000 |
0.001458300 – 0.001425500 – 0.001455700 – 0.001420500 – 0.001407200 – 0.001415000
Trading Signals: FOREX – SOL – SOL/BTC – BTC – Northern Doji