The pair Solana/Bitcoin (SOL/BTC) breaks through the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance line at will continue.
Caution: A possible trend reversal in the direction of the support level at 0.001586900 could happen.
Consider stop-loss settings accordingly.
And also a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Current target is 0.0017293 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at could happen.
Consider stop-loss settings accordingly.
And also a ‘Northern Doji’ candle pattern is existing. The candles form ‘Northern Doji’. which is a positive signal. The currency 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 | |
| 2nd High | |
| Next High | |
| Current Price | 0.001789600 |
| Next Low | 0.001586900 |
| 2nd Low | 0.001576400 |
| 3rd Low | 0.001557500 |
0.001729300 – 0.001634300 – 0.001638400 – 0.001586900 – 0.001601400 – 0.001628300 — 76.172944432763 – 79.843003667077
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – – –