SOL/BTC – 30M – BUYThe pair Solana/Bitcoin (SOL/BTC) breaks through the descending trendline up.
An ascending movement upwards to the next resistance line at 0.001777800 is likely expected.
Caution: A possible counter-trend in the direction of the support zone at 0.001690200 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Northern Doji’ chart pattern is existing. The candles show ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.001799000 |
| Next High | 0.001777800 |
| Current Price | 0.001773100 |
| Next Low | 0.001690200 |
| 2nd Low | 0.001586900 |
| 3rd Low | 0.001576400 |
0.001777800 – 0.001799000 – 0.001729300 – 0.001690200 – 0.001586900 – 0.001601400 — 54.554308444256 – 60.455639618843
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – – –