SOL/BTC – 1H – BUY

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

The bullish trend upwards to the next resistance level at 0.00124 will continue.

Caution: A possible trend reversal in the direction of the support zone at 0.00117 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three Outside Up’ chart pattern is found. The candles show ‘Three Outside Up’. 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 probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.00124 – 0.00121 – 0.00122 – 0.00117 – 0.00118 – 0.0012 —
0.001236000 – 0.001234600 —
68.352822916841 – 62.30047091834 —
– —
0.00124 – 1771009200

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Outside Up – Double bottom chart pattern – –