SOL/BTC – 30M – BUY

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

An ascending movement up to the next resistance at 0.001856700 will continue.

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

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair is likely to rise.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 0.0018617 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.001856700 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Northern Doji’ chart pattern is existing. The candles form ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. 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).

0.001856700 – 0.001880600 – 0.001895800 – 0.001823900 – 0.001818700 – 0.001858100 — 52.791574313986 – 55.136892126081

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