SOL/BTC – 30M – BUY

The currency pair Solana/Bitcoin (SOL/BTC) jumps from the ascending trendline up.

A continuation of the upward movement up to the next resistance at 0.001384500 will continue.

Caution: A possible trend reversal in the direction of the support level at 0.001349000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend will continue. Current target is 0.001358751 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.001384500 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Northern Doji’ candle chart pattern is found. The chart shows ‘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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.001384500 – 0.001395300 – 0.001379400 – 0.001352800 – 0.001349000 – 0.001348800

Trading Signals: FOREX – SOL – SOL/BTC – BTC – Northern Doji – Rising Wedge Chart Pattern