SOL/BTC – 1H – BUYThe pair Solana/Bitcoin (SOL/BTC) breaks through the descending trendline upwards
A bullish movement upwards to the next resistance level at 0.001612500 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 0.001566900 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Northern Doji’ candlestick pattern is detected. The chart shows ‘Northern Doji’. which is a positive pattern signal. The 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 | 0.001707300 |
| 2nd High | 0.001662300 |
| Next High | 0.001612500 |
| Current Price | 0.001598500 |
| Next Low | 0.001566900 |
| 2nd Low | 0.001464100 |
| 3rd Low | 0.001456400 |
0.001612500 – 0.001662300 – 0.001707300 – 0.001566900 – 0.001581400 – 0.001610400 — 48.626519235838 – 49.47434786177
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Double bottom chart pattern – –