Buy SOL/BTC – 30M – BUY

The currency pair Solana/Bitcoin (SOL/BTC) breaks through the descending trendline up.

An ascent upwards to the next resistance at 0.001409200 is likely expected.

Caution: A possible trend reversal in the direction of the support level at 0.001383600 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Northern Doji’ candle pattern is found. The candles show ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘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:

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