SOL/BTC – 1H – BUY

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

A bullish movement up to the next resistance line at is certain.

Caution: A possible trend reversal in the direction of the support line at 0.001941100 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.0019861 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Northern Doji’ candlestick pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The 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).

0.001980200 – 0.001986100 – 0.001947000 – 0.001941100 – 0.001910000 – 0.001895600 — 60.698772147504 – 62.541534442048

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Double bottom retreat down – –