SOL/BTC – 30M – BUY

The pair Solana/Bitcoin (SOL/BTC) moves from the ascending trendline upwards

A continuation of the upward movement upwards to the next resistance at 0.001697000 is likely expected.

Caution: A possible change in the direction of the support level at 0.001610400 could occur.
Consider stop-loss settings accordingly.

In addition a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a positive signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 0.001697 at the Fibonacci level 0-Level. Caution: A possible change in the direction of resistance at 0.001697000 could occur.
Consider stop-loss settings accordingly.

In addition a ‘Northern Doji’ candlestick chart pattern is found. The chart shows ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. 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).

0.001697000 – 0.001670800 – 0.001507300 – 0.001610400 – 0.001464100 – 0.001464800 — 64.376918721199 – 66.523123885329

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Triple bottom chart pattern – –