The currency pair Solana/Bitcoin (SOL/BTC) breaks through the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance level at 0.001739200 will continue.
Caution: A possible change in the direction of the support zone at could happen.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair could go up.
Then a ‘RSI cross above 70’ indicator layout is found. The indicator is ‘RSI cross above 70’. which could be a positive chart signal. The currency pair could go up.
Then a ‘Northern Doji’ candlestick pattern is discovered. The chart shows ‘Northern Doji’. which is a positive 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’ 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 | 0.001586600 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.001739200 – 0.001536300 – 0.001423500 – 0.001347600 – 0.001348800 – 0.001350600 — 45.925861527523 – 51.323928266286
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Double bottom chart pattern –