The pair Solana/Bitcoin (SOL/BTC) moves from the bullish trendline up.
A continuation of the bullish trend up to the next resistance level at 0.001423500 will persist.
Caution: A possible change in the direction of the support line at 0.001386000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The currency pair is likely to rise.
And also a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bullish signal. The pair is likely to go up.
And also a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001509500 |
| 2nd High | 0.001487300 |
| Next High | 0.001423500 |
| Current Price | 0.001389000 |
| Next Low | 0.001386000 |
| 2nd Low | 0.001367700 |
| 3rd Low | 0.001360600 |
0.001423500 – 0.001421100 – 0.001384600 – 0.001386000 – 0.001367700 – 0.001382100
Trading Signals: FOREX – SOL – SOL/BTC – BTC – Northern Doji – Double top retreat up