SOL/BTC – 1H – BUY

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

An ascent upwards to the next resistance at 0.00125 is expected.

Caution: A possible trend reversal in the direction of the support level at 0.00123 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.00126348 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.00125 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Three Outside Up’ candlestick chart pattern is detected. The candles show ‘Three Outside Up’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

0.00125 – 0.00126 – 0.00126 – 0.00123 – 0.00121 – 0.00124 —
0.001237300 – 0.001246500 —
51.275681491978 – 61.073859384986 —
– —
0.00125 – 1773025200

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Outside Up – – –