SOL/BTC – 1H – BUYThe currency pair Solana/Bitcoin (SOL/BTC) breaks through the descending trendline up.
The bullish trend upwards to the next resistance at 0.001909900 is likely expected.
Caution: A possible change in the direction of the support line at could occur.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The pair is likely to go up.
Besides a ‘Northern Doji’ chart pattern is found. The chart forms ‘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 success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.001952400 |
| Next High | 0.001909900 |
| Current Price | 0.001886200 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.001909900 – 0.001952400 – 0.001887700 – 0.001825600 – 0.001858500 – 0.001844600 — 56.404645130794 – 59.623163021741
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Double bottom chart pattern – –