SOL/BTC – 30M – BUYThe pair Solana/Bitcoin (SOL/BTC) breaks through the descending trendline upwards
The bullish trend upwards to the next resistance line at 0.001367500 is expected.
Caution: A possible change in the direction of support at 0.001352100 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Northern Doji’ candle chart pattern is discovered. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. 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 | 0.001389500 |
| 2nd High | 0.001373500 |
| Next High | 0.001367500 |
| Current Price | 0.001364400 |
| Next Low | 0.001352100 |
| 2nd Low | 0.001350600 |
| 3rd Low | 0.001321400 |
0.001367500 – 0.001373500 – 0.001372900 – 0.001352100 – 0.001358400 – 0.001350600
Trading Signals: FOREX – SOL – SOL/BTC – BTC – Northern Doji –