SOL/BTC – 30M – BUYThe pair Solana/Bitcoin (SOL/BTC) jumps from the bullish trendline up.
A continuation of the upward movement up to the next resistance level at 0.001626700 is expected.
Caution: A possible counter-trend in the direction of the support level at 0.001563400 could occur.
Consider stop-loss settings accordingly.
In addition a ‘RSI cross above 30’ indicator layout is discovered. The indicator shows ‘RSI cross above 30’. which could be a negative chart signal. The currency pair is likely to fall.
In addition a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.
In addition a ‘Northern Doji’ candlestick pattern is detected. The candles show ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001719800 |
| 2nd High | 0.001631400 |
| Next High | 0.001626700 |
| Current Price | 0.001576900 |
| Next Low | 0.001563400 |
| 2nd Low | 0.001562500 |
| 3rd Low | 0.001529200 |
0.001626700 – 0.001631400 – 0.001594600 – 0.001563400 – 0.001562500 – 0.001529200 — 31.96384569981 – 36.699837872503
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Rising Wedge Chart Pattern –