The pair Solana/Bitcoin (SOL/BTC) breaks through the descending trendline upwards
An ascending movement upwards to the next resistance line at 0.001543800 is considered certain.
Caution: A possible counter-trend in the direction of the support zone at 0.001490300 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘RSI cross above 30’ indicator signal is detected. The indicator is ‘RSI cross above 30’. which could be a positive chart scenario. The currency pair could go up.
Also there is a ‘Northern Doji’ candle pattern is discovered. The candles show ‘Northern Doji’. this 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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001567700 |
| 2nd High | 0.001546100 |
| Next High | 0.001543800 |
| Current Price | 0.001509600 |
| Next Low | 0.001490300 |
| 2nd Low | 0.001486200 |
| 3rd Low | 0.001479400 |
0.001543800 – 0.001546100 – 0.001567700 – 0.001522700 – 0.001523300 – 0.001538100 — 32.794821569676 – 35.130715693859
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Double top retreat up –