SOL/BTC – 4H – BUY

The combination Solana/Bitcoin (SOL/BTC) moves from the ascending trendline upwards

A continuation of the upward movement up to the next resistance at 0.001423500 will continue.

Caution: A possible reversal of the trend in the direction of the support level at 0.001348800 should always be considered.
Consider stop-loss settings accordingly.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The currency pair could go up.

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

Besides a ‘Northern Doji’ chart pattern is detected. The candles form ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. 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).

0.001423500 – 0.001487300 – 0.001383300 – 0.001348800 – 0.001350600 – 0.001288500

Trading Signals: FOREX – SOL – SOL/BTC – BTC – Northern Doji – Double bottom retreat down