SOL/BTC – 1H – BUYThe currency pair Solana/Bitcoin (SOL/BTC) goes from the ascending trendline up.
A continuation of the upward movement up to the next resistance at 0.001986100 is expected.
Caution: A possible change in the direction of the support line at 0.001910000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Northern Doji’ candle pattern is existing. The candles show ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘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 | 0.001959600 |
| Next Low | 0.001910000 |
| 2nd Low | 0.001895600 |
| 3rd Low | 0.001817400 |
0.001986100 – 0.001947000 – 0.001931800 – 0.001910000 – 0.001895600 – 0.001817400 — 49.514504795561 – 50.971630822925
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Triple bottom chart pattern – –