SOL/BTC – 4H – BUY

The currency pair Solana/Bitcoin (SOL/BTC) jumps from the bullish trendline upwards

A continuation of the upward movement up to the next resistance at 0.00131 is considered certain.

Caution: A possible counter-trend in the direction of the support level at 0.00122 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair could go down.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.001315 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.00131 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Northern Doji’ candlestick pattern is existing. The chart forms ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.00131 – 0.00132 – 0.00129 – 0.00122 – 0.0012 – 0.00121 —
0.001274500 – 0.001262400 —
50.10014829533 – 46.506993347188 —
– —
0.00131 – 1772323200

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Symmetrical Triangle Chart Pattern – –