SOL/BTC – 30M – BUY

The currency pair Solana/Bitcoin (SOL/BTC) breaks through the bearish trendline upwards

The bullish trend upwards to the next resistance at 0.00128 will persist.

Caution: A possible trend reversal in the direction of the support level at 0.00125 should always be considered.
Consider stop-loss settings accordingly.

And also a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Current target is 0.00128 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.00128 should always be considered.
Consider stop-loss settings accordingly.

And also a ‘Three Outside Up’ candle chart pattern is detected. The candles form ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.00127 – 0.00128 – 0.00128 – 0.00125 – 0.00126 – 0.00127 —
0.001279500 – 0.001281800 —
60.505384608576 – 53.744481375543 —
– —
0.00127 – 1774233000

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