Buy SOL/BTC – 1H – BUY

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

A continuation of the bullish trend up to the next resistance at 0.0012 will persist.

Caution: A possible change in the direction of the support line at is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair is likely to rise.

Furthermore a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The currency pair is likely to rise.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend will persist. Current target is 0.0012 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the resistance level at 0.0012 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Three Outside Up’ candlestick pattern is detected. The chart forms ‘Three Outside Up’. this is a bullish signal. The currency pair is likely to rise. 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).

Support & Resistance Price Range*
3rd High 0.00125
2nd High 0.00121
Next High 0.0012
Current Price 0.001177700
Next Low
2nd Low
3rd Low

0.0012 – 0.00119 – 0.00117 – 0.00117 – 0.00117 – 0.00115 —
0.001172000 – 0.001175900 —
39.95083693286 – 45.45518564551 —
– —
0.0012 – 1778526000

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