Then a ‘Triple bottom chart pattern’ chart formation is found. The chart forms ‘Triple bottom chart pattern’. this is a bullish chart scenario. The currency pair is likely to rise.
The combination Solana/Bitcoin (SOL/BTC) breaks through the bullish trendline up.
A continuation of the upward movement upwards to the next resistance level at 0.001503600 will persist.
Caution: A possible counter-trend in the direction of the support line at 0.001445000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Northern Doji’ candle chart pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001560000 |
| 2nd High | 0.001509500 |
| Next High | 0.001503600 |
| Current Price | 0.001522600 |
| Next Low | 0.001445000 |
| 2nd Low | 0.001396000 |
| 3rd Low | 0.001357400 |
0.001503600 – 0.001473200 – 0.001400000 – 0.001445000 – 0.001447400 – 0.001396000
Trading Signals: FOREX – SOL – SOL/BTC – BTC – Northern Doji – Triple bottom chart pattern