The pair Solana/Bitcoin (SOL/BTC) moves from the ascending trendline up.
A continuation of the uptrend up to the next resistance level at 0.001543800 is likely expected.
Caution: A possible counter-trend in the direction of the support line at 0.001456400 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘StochRSI fall below 80’ indicator layout is detected. The indicator is ‘StochRSI fall below 80’. this is usually a bearish signal. The currency pair is likely to fall.
In addition a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.
In addition a ‘Northern Doji’ candle chart 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 probability of ‘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 | 0.001546700 |
| Next Low | 0.001456400 |
| 2nd Low | 0.001429500 |
| 3rd Low | 0.001421300 |
0.001469500 – 0.001441300 – 0.001493500 – 0.001456400 – 0.001429500 – 0.001421300 — 79.068523897272 – 79.424733761366
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Double bottom chart pattern – –