SOL/BTC – 30M – BUY

The pair Solana/Bitcoin (SOL/BTC) breaks through the ascending trendline up.

A continuation of the upward movement upwards to the next resistance at 0.001423500 is considered certain.

Caution: A possible trend reversal in the direction of the support zone at 0.001357400 could be enabled.
Consider stop-loss settings accordingly.

Moreover a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Current target is 0.0014 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.001423500 could be enabled.
Consider stop-loss settings accordingly.

Moreover a ‘Northern Doji’ candle chart pattern is existing. The candles form ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.001400000 – 0.001397300 – 0.001375800 – 0.001357400 – 0.001347600 – 0.001352800

Trading Signals: FOREX – SOL – SOL/BTC – BTC – Northern Doji –