SOL/BTC – 30M – BUYBesides a ‘Falling Wedge Chart Pattern’ chart layout is existing. The formation shows ‘Falling Wedge Chart Pattern’. which is a bullish signal. The pair is likely to go up.
The pair Solana/Bitcoin (SOL/BTC) breaks through the descending trendline upwards
A bullish movement up to the next resistance at 0.001409200 is certain.
Caution: A possible counter-trend in the direction of the support zone at 0.001383600 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Northern Doji’ candle chart pattern is discovered. The candles show ‘Northern Doji’. this 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 chance 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