SOL/BTC – 30M – BUYAlso there is a ‘Double bottom chart pattern’ chart pattern is discovered. The chart picture shows ‘Double bottom chart pattern’. which is a bullish pattern signal. The pair is likely to go up.
The currency pair Solana/Bitcoin (SOL/BTC) breaks through the descending trendline upwards
An ascending movement up to the next resistance line at 0.001467800 is likely expected.
Caution: A possible trend reversal in the direction of the support level at should always be considered.
Consider stop-loss settings accordingly.
Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The currency pair could go up.
Also there is a ‘Northern Doji’ candlestick pattern is discovered. The chart shows ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001560000 |
| 2nd High | 0.001496400 |
| Next High | 0.001467800 |
| Current Price | 0.001467900 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.001467800 – 0.001454700 – 0.001458300 – 0.001429600 – 0.001420500 – 0.001407200
Trading Signals: FOREX – SOL – SOL/BTC – BTC – Northern Doji