SOL/BTC – 1H – BUY

The currency pair Solana/Bitcoin (SOL/BTC) goes from the descending trendline upwards

The bullish trend up to the next resistance line at 0.001539900 is likely expected.

Caution: A possible change in the direction of the support level at 0.001471000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘RSI cross above 70’ indicator layout is discovered. The indicator shows ‘RSI cross above 70’. this is usually a bearish signal. The currency pair is likely to fall.

Additionally a ‘StochRSI fall below 80’ indicator layout is discovered. The indicator shows ‘StochRSI fall below 80’. this is usually a bearish signal. The currency pair is likely to fall.

Additionally a ‘Northern Doji’ candlestick pattern is discovered. The chart shows ‘Northern Doji’. which is a positive pattern 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).

0.001539900 – 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 – –