The combination Solana/Bitcoin (SOL/BTC) breaks through the bearish trendline upwards
A bullish ascent upwards to the next resistance line at 0.001662300 is certain.
Caution: A possible change in the direction of the support line at could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The pair is likely to go up.
Also there is a ‘Northern Doji’ candlestick chart pattern is detected. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001720700 |
| 2nd High | 0.001707300 |
| Next High | 0.001662300 |
| Current Price | 0.001604000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.001662300 – 0.001707300 – 0.001697000 – 0.001566900 – 0.001581400 – 0.001610400 — 52.74461558919 – 53.021664985361
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Double bottom chart pattern – –