The combination Solana/Bitcoin (SOL/BTC) breaks through the ascending trendline upwards
A continuation of the uptrend up to the next resistance level at 0.001739200 is certain.
Caution: A possible trend reversal in the direction of the support line at should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair could go up.
There is also a ‘RSI cross above 70’ indicator layout is existing. The indicator is ‘RSI cross above 70’. which is often a bullish chart scenario. The currency pair could go up.
There is also a ‘Northern Doji’ candle pattern is found. The chart forms ‘Northern Doji’. this is a bullish 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 | |
| 2nd High | 0.001740400 |
| Next High | 0.001739200 |
| Current Price | 0.001595100 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.001739200 – 0.001536300 – 0.001423500 – 0.001347600 – 0.001348800 – 0.001350600 — 44.261232227646 – 48.630615022594
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Double bottom chart pattern –