SOL/BTC – 30M – BUYThe pair Solana/Bitcoin (SOL/BTC) breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance level at 0.001616800 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at 0.001490300 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Northern Doji’ candle pattern is existing. The chart forms ‘Northern Doji’. which is a positive 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 | 0.001637600 |
| 2nd High | 0.001632600 |
| Next High | 0.001616800 |
| Current Price | 0.001602800 |
| Next Low | 0.001490300 |
| 2nd Low | 0.001486200 |
| 3rd Low | 0.001479400 |
0.001547600 – 0.001522300 – 0.001533400 – 0.001490300 – 0.001486200 – 0.001486800
Trading Signals: FOREX – SOL – SOL/BTC – BTC – Northern Doji – Double bottom chart pattern