There is also a ‘Falling Wedge Chart Pattern’ chart pattern is found. The chart picture shows ‘Falling Wedge Chart Pattern’. this is a bullish chart scenario. The currency pair is likely to rise.
The combination Solana/Bitcoin (SOL/BTC) breaks through the bearish trendline upwards
A bullish trend upwards to the next resistance line at 0.001409200 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.001383600 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Northern Doji’ candle pattern is found. The candles form ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading 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