SOL/BTC – 1H – BUY

The currency pair Solana/Bitcoin (SOL/BTC) breaks through the bearish trendline upwards

A bullish movement up to the next resistance at 0.001613600 is expected.

Caution: A possible counter-trend in the direction of support at could occur.
Consider stop-loss settings accordingly.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The pair is likely to go up.

Also there is a ‘RSI fall below 70’ indicator signal is found. The indicator is ‘RSI fall below 70’. this is usually a bullish chart scenario. The pair is likely to go up.

Also there is a ‘Northern Doji’ chart pattern is detected. The chart forms ‘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 chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.001613600 – 0.001606700 – 0.001720700 – 0.001562500 – 0.001529200 – 0.001522800 — 49.765132500685 – 53.902996416987

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Triple bottom chart pattern –