SOL/BTC – 30M – BUY

The combination Solana/Bitcoin (SOL/BTC) breaks through the bearish trendline up.

An ascent up to the next resistance level at 0.001888700 is expected.

Caution: A possible trend reversal in the direction of the support zone at 0.001825600 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair could go up.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.0019143394 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.001888700 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Northern Doji’ candle pattern is existing. The chart forms ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.001888700 – 0.001888900 – 0.001909900 – 0.001825600 – 0.001858500 – 0.001875600 — 56.507640198419 – 58.289623882834

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – – –