Next a ‘Falling Wedge Chart Pattern’ chart formation is existing. The chart forms ‘Falling Wedge Chart Pattern’. this is a bullish chart scenario. The currency pair is likely to go up.
The pair Solana/Bitcoin (SOL/BTC) breaks through the descending trendline up.
An ascending movement up to the next resistance at 0.001509500 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 0.001360100 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair could go up.
Next a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘Northern Doji’. this 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 | 0.001632600 |
2nd High | 0.001560000 |
Next High | 0.001509500 |
Current Price | 0.001434200 |
Next Low | 0.001360100 |
2nd Low | 0.001278000 |
3rd Low |
0.001509500 – 0.001560000 – 0.001632600 – 0.001360100 – 0.001407200 – 0.001407400
Trading Signals: FOREX – SOL – SOL/BTC – BTC – Northern Doji