SOL/BTC – 30M – BUY

The combination Solana/Bitcoin (SOL/BTC) breaks through the descending trendline up.

A bullish ascent up to the next resistance level at 0.001543800 is considered certain.

Caution: A possible counter-trend in the direction of the support zone at 0.001500000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘RSI cross above 30’ indicator signal is found. The indicator is ‘RSI cross above 30’. which is often a bullish signal. The currency pair could go up.

In addition a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The currency pair could go up.

Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Current target is 0.0015299012 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.001543800 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish pattern 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).

0.001543800 – 0.001546100 – 0.001567700 – 0.001500000 – 0.001522700 – 0.001523300 — 42.075287868627 – 45.502027980715

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