SOL/BTC – 1H – BUY

The pair Solana/Bitcoin (SOL/BTC) moves from the descending trendline up.

An ascent up to the next resistance level at 0.001539900 is certain.

Caution: A possible counter-trend in the direction of support at 0.001471000 should always be considered.
Consider stop-loss settings accordingly.

Next a ‘RSI fall below 70’ indicator signal is discovered. The indicator shows ‘RSI fall below 70’. which is often a bearish chart signal. The currency pair is likely to fall.

Next a ‘StochRSI fall below 80’ indicator signal is discovered. The indicator shows ‘StochRSI fall below 80’. which is often a bearish chart signal. The currency pair is likely to fall.

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

0.001539900 – 0.001567700 – 0.001631400 – 0.001471000 – 0.001538100 – 0.001563400 — 39.049481739704 – 39.583939544073

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