Buy SOL/BTC – 1H – BUY

The pair Solana/Bitcoin (SOL/BTC) breaks through the descending trendline upwards

A bullish ascent up to the next resistance line at 0.001555700 is expected.

Caution: A possible trend reversal in the direction of the support zone at 0.001456400 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The currency pair is likely to rise.

Then a ‘RSI cross above 70’ indicator layout is discovered. The indicator shows ‘RSI cross above 70’. which is often a bullish chart signal. The currency pair is likely to rise.

Then a ‘StochRSI cross above 20’ indicator layout is discovered. The indicator shows ‘StochRSI cross above 20’. which is often a bullish chart signal. The currency pair is likely to rise.

Then a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.

Then a ‘Northern Doji’ candlestick chart pattern is found. The chart shows ‘Northern Doji’. which is a positive signal. 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).

Support & Resistance Price Range*
3rd High 0.001631400
2nd High 0.001586200
Next High 0.001555700
Current Price 0.001505100
Next Low 0.001456400
2nd Low 0.001421300
3rd Low 0.001347600

0.001555700 – 0.001586200 – 0.001469500 – 0.001508300 – 0.001456400 – 0.001421300 — 59.267762503834 – 59.951535920646

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