SOL/BTC – 30M – BUYThe currency pair Solana/Bitcoin (SOL/BTC) breaks through the descending trendline upwards
A bullish movement upwards to the next resistance line at 0.001613600 will continue.
Caution: A possible counter-trend in the direction of the support level at could happen.
Consider stop-loss settings accordingly.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The currency pair is likely to rise.
Besides a ‘Northern Doji’ candle chart pattern is found. 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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001720700 |
| 2nd High | 0.001719800 |
| Next High | 0.001613600 |
| Current Price | 0.001587000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.001613600 – 0.001591100 – 0.001561600 – 0.001529200 – 0.001522800 – 0.001530400 — 49.27812655363 – 49.770348548487
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Double bottom chart pattern –