SOL/BTC – 1H – BUY

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

An ascending movement up to the next resistance line at 0.001837500 is expected.

Caution: A possible change in the direction of the support line at 0.001811300 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Current target is 0.0018547 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 0.001837500 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

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

0.001837500 – 0.001856700 – 0.001904700 – 0.001811300 – 0.001818700 – 0.001858100 — 54.033928083941 – 54.909450022574

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