Buy SOL/BTC – 30M – BUY

The pair Solana/Bitcoin (SOL/BTC) goes from the bullish trendline up.

A continuation of the upward movement up to the next resistance line at 0.001546100 is likely expected.

Caution: A possible counter-trend in the direction of the support zone at 0.001456400 is within the realm of possibility.
Consider stop-loss settings accordingly.

Furthermore a ‘RSI cross above 70’ indicator layout is existing. The indicator is ‘RSI cross above 70’. this is usually a bullish chart scenario. The pair is likely to go up.

Furthermore a ‘StochRSI fall below 80’ indicator layout is existing. The indicator is ‘StochRSI fall below 80’. this is usually a bullish chart scenario. The pair is likely to go up.

Furthermore a ‘Northern Doji’ candle pattern is found. The candles show ‘Northern Doji’. which is a bullish chart scenario. 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’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.001626700
2nd High 0.001567700
Next High 0.001546100
Current Price 0.001555400
Next Low 0.001456400
2nd Low 0.001429500
3rd Low 0.001421300

0.001469500 – 0.001441300 – 0.001493500 – 0.001456400 – 0.001429500 – 0.001421300 — 75.040113817654 – 76.191062419009

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