SOL/BTC – 1H – BUY

The pair Solana/Bitcoin (SOL/BTC) jumps from the bearish trendline upwards

A bullish ascent up to the next resistance line at 0.001539900 is considered certain.

Caution: A possible change in the direction of the support zone at 0.001471000 is within the realm of possibility.
Consider stop-loss settings accordingly.

Then a ‘RSI fall below 70’ indicator layout is discovered. The indicator is ‘RSI fall below 70’. which is often a bearish chart scenario. The pair is likely to go down.

Then a ‘StochRSI fall below 80’ indicator layout is discovered. The indicator is ‘StochRSI fall below 80’. which is often a bearish chart scenario. The pair is likely to go down.

Then a ‘Northern Doji’ candle pattern is discovered. The candles form ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. 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).

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

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Rising Wedge Chart Pattern – –