The pair Solana/Bitcoin (SOL/BTC) breaks through the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 0.001846200 is certain.
Caution: A possible trend reversal in the direction of the support level at 0.001825400 should be noted.
Consider stop-loss settings accordingly.
And also a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.
And also a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. 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 | 0.001856700 |
| 2nd High | 0.001847200 |
| Next High | 0.001846200 |
| Current Price | 0.001865400 |
| Next Low | 0.001825400 |
| 2nd Low | 0.001811300 |
| 3rd Low | 0.001804400 |
0.001846200 – 0.001837500 – 0.001834400 – 0.001825400 – 0.001811300 – 0.001825500 — 74.245793657526 – 75.654952402129
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Double bottom chart pattern – –