SOL/BTC – 30M – BUYThe combination Solana/Bitcoin (SOL/BTC) moves from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance line at 0.001707300 will persist.
Caution: A possible trend reversal in the direction of the support line at is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The currency pair is likely to rise.
Moreover a ‘Northern Doji’ candlestick chart pattern is detected. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. 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 | 0.001720700 |
| 2nd High | 0.001719800 |
| Next High | 0.001707300 |
| Current Price | 0.001653300 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.001707300 – 0.001697000 – 0.001670800 – 0.001620000 – 0.001610400 – 0.001464100 — 42.541056607178 – 47.533446831029
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Double top retreat up – –