SOL/BTC – 1H – BUYThe currency pair Solana/Bitcoin (SOL/BTC) goes from the descending trendline upwards
The bullish trend up to the next resistance line at 0.001655200 will persist.
Caution: A possible reversal of the trend in the direction of the support zone at 0.001464100 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Northern Doji’ candle pattern is discovered. The chart shows ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance 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 | 0.001655200 |
| Current Price | 0.001562000 |
| Next Low | 0.001464100 |
| 2nd Low | 0.001456400 |
| 3rd Low | 0.001421300 |
0.001655200 – 0.001612500 – 0.001662300 – 0.001562300 – 0.001577400 – 0.001566900 — 38.93600518336 – 39.187393067659
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Double top retreat up – –