SOL/BTC – 30M – BUYThe combination Solana/Bitcoin (SOL/BTC) moves from the ascending trendline up.
A continuation of the upward movement up to the next resistance level at 0.001606700 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 0.001530400 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Northern Doji’ candle chart pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. 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 | 0.001719800 |
| 2nd High | 0.001609900 |
| Next High | 0.001606700 |
| Current Price | 0.001590800 |
| Next Low | 0.001530400 |
| 2nd Low | 0.001490300 |
| 3rd Low | 0.001486200 |
0.001606700 – 0.001609900 – 0.001719800 – 0.001530400 – 0.001566900 – 0.001664400 — 53.632693453782 – 56.236026406628
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Inverse Head and Shoulder chart pattern –