SOL/BTC – 30M – BUYThe pair Solana/Bitcoin (SOL/BTC) breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance at 0.001799000 is certain.
Caution: A possible trend reversal in the direction of the support level at 0.001690200 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Northern Doji’ candlestick pattern is discovered. The candles show ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.001799000 |
| Current Price | 0.001772500 |
| Next Low | 0.001690200 |
| 2nd Low | 0.001586900 |
| 3rd Low | 0.001576400 |
0.001799000 – 0.001729300 – 0.001634300 – 0.001690200 – 0.001586900 – 0.001601400 — 59.443293118441 – 62.857267715844
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – – –