SOL/BTC – 1H – BUY

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

A bullish ascent up to the next resistance line at 0.00112 is expected.

Caution: A possible change in the direction of the support level at 0.00109 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. 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 is expected. Target of the current trend is 0.00112 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the resistance level at 0.00112 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three White Soldiers’ candle pattern is found. The candles show ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.

0.00112 – 0.00112 – 0.00111 – 0.00109 – 0.0011 – 0.00109 —
0.001115200 – 0.001110200 —
58.587697621579 – 51.045158292104 —
– —
0.00112 – 1779336000

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three White Soldiers – Symmetrical Triangle Chart Pattern – –