SOL/BTC – 30M – BUYThe combination Solana/Bitcoin (SOL/BTC) breaks through the descending trendline up.
An ascent up to the next resistance at 0.001612500 will continue.
Caution: A possible counter-trend in the direction of the support line at should always be considered.
Consider stop-loss settings accordingly.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The currency pair could go up.
And also a ‘Northern Doji’ candle pattern is found. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘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 | 0.001606600 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.001612500 – 0.001662300 – 0.001707300 – 0.001566900 – 0.001595500 – 0.001581400 — 57.40343635576 – 59.513528243614
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – – –