SOL/BTC – 1H – BUY

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

A continuation of the upward movement up to the next resistance level at 0.001536300 is certain.

Caution: A possible change in the direction of support at 0.001486200 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.

In addition a ‘Northern Doji’ candle chart pattern is discovered. The chart shows ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.001536300 – 0.001503600 – 0.001395300 – 0.001486200 – 0.001479400 – 0.001445000

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