SOL/BTC – 30M – BUYAlso there is a ‘Falling Wedge Chart Pattern’ chart formation is existing. The chart picture shows ‘Falling Wedge Chart Pattern’. which is a positive signal. The pair is likely to go up.
The currency pair Solana/Bitcoin (SOL/BTC) breaks through the bearish trendline up.
An ascent upwards to the next resistance level at 0.001409200 is certain.
Caution: A possible counter-trend in the direction of the support level at 0.001383600 could occur.
Consider stop-loss settings accordingly.
Also there is a ‘Northern Doji’ candle chart pattern is discovered. The candles show ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. 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 | 0.001439100 |
| 2nd High | 0.001429300 |
| Next High | 0.001409200 |
| Current Price | 0.001392000 |
| Next Low | 0.001383600 |
| 2nd Low | 0.001375000 |
| 3rd Low | 0.001360100 |
0.001409200 – 0.001429300 – 0.001439100 – 0.001383600 – 0.001403700 – 0.001389700
Trading Signals: FOREX – SOL – SOL/BTC – BTC – Northern Doji