SOL/BTC – 30M – BUY

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

The bullish trend up to the next resistance at 0.001847200 is certain.

Caution: A possible reversal of the trend in the direction of the support level at 0.001804400 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

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

Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.0018368956 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.001847200 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Northern Doji’ chart pattern is detected. The candles show ‘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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.001847200 – 0.001856700 – 0.001880600 – 0.001825500 – 0.001823900 – 0.001818700 — 44.04120783908 – 46.883965889936

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Double top retreat up – –