SOL/BTC – 1H – BUYThe currency pair Solana/Bitcoin (SOL/BTC) breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance at 0.001986100 is considered certain.
Caution: A possible trend reversal in the direction of the support line at 0.001910000 is also possible.
Consider stop-loss settings accordingly.
Then a ‘Northern Doji’ candlestick pattern is discovered. The candles show ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. 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 | |
| Next High | 0.001986100 |
| Current Price | 0.001966900 |
| Next Low | 0.001910000 |
| 2nd Low | 0.001895600 |
| 3rd Low | 0.001817400 |
0.001986100 – 0.001947000 – 0.001931800 – 0.001910000 – 0.001895600 – 0.001817400 — 55.210682457677 – 58.943435417068
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Double bottom chart pattern – –