SOL/BTC – 4H – BUYAnd also a ‘Double top retreat up’ chart formation is detected. The chart forms ‘Double top retreat up’. which is a bullish signal. The currency pair is likely to rise.
The combination Solana/Bitcoin (SOL/BTC) jumps from the descending trendline upwards
An ascending movement upwards to the next resistance level at 0.001509500 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 0.001278000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Northern Doji’ candlestick pattern is discovered. The candles show ‘Northern Doji’. which is a bullish 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 | 0.001632600 |
| 2nd High | 0.001560000 |
| Next High | 0.001509500 |
| Current Price | 0.001437800 |
| Next Low | 0.001278000 |
| 2nd Low | |
| 3rd Low |
0.001509500 – 0.001560000 – 0.001632600 – 0.001407200 – 0.001407400 – 0.001450400
Trading Signals: FOREX – SOL – SOL/BTC – BTC – Northern Doji