SOL/BTC – 30M – BUYAdditionally a ‘Double bottom chart pattern’ chart layout is found. The chart forms ‘Double bottom chart pattern’. which is a bullish signal. The currency pair is likely to rise.
The pair Solana/Bitcoin (SOL/BTC) goes from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance at 0.001834200 will continue.
Caution: A possible trend reversal in the direction of support at 0.001773900 is also possible.
Consider stop-loss settings accordingly.
Additionally a ‘Northern Doji’ candlestick pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. 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 | |
| Next High | 0.001834200 |
| Current Price | 0.001836100 |
| Next Low | 0.001773900 |
| 2nd Low | 0.001760000 |
| 3rd Low | 0.001690200 |
0.001834200 – 0.001777800 – 0.001799000 – 0.001773900 – 0.001760000 – 0.001690200 — 64.530915764865 – 66.590984899478
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Double bottom chart pattern – –