SOL/BTC – 30M – BUYThe currency pair Solana/Bitcoin (SOL/BTC) moves from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance at 0.001720700 will persist.
Caution: A possible counter-trend in the direction of the support level at 0.001649800 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Northern Doji’ chart pattern is existing. The candles form ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001740400 |
| 2nd High | 0.001739200 |
| Next High | 0.001720700 |
| Current Price | 0.001714700 |
| Next Low | 0.001649800 |
| 2nd Low | 0.001490300 |
| 3rd Low | 0.001486200 |
0.001720700 – 0.001739200 – 0.001547600 – 0.001649800 – 0.001490300 – 0.001486200
Trading Signals: FOREX – SOL – SOL/BTC – BTC – Northern Doji –