Buy SOL/BTC – 1H – BUY

The combination Solana/Bitcoin (SOL/BTC) jumps from the descending trendline up.

A bullish ascent up to the next resistance line at 0.001539900 will persist.

Caution: A possible counter-trend in the direction of support at 0.001471000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘RSI fall below 70’ indicator signal is detected. The indicator is ‘RSI fall below 70’. which is often a bearish signal. The pair is likely to go down.

And also a ‘StochRSI fall below 80’ indicator signal is detected. The indicator is ‘StochRSI fall below 80’. which is often a bearish signal. The pair is likely to go down.

And also a ‘Northern Doji’ candlestick chart pattern is discovered. The candles show ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.001631400
2nd High 0.001567700
Next High 0.001539900
Current Price 0.001465500
Next Low 0.001471000
2nd Low 0.001445000
3rd Low 0.001347600

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

Trading Signals:

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