SOL/BTC – 4H – BUY

Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 0.00111696 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.00107 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Three Outside Up’ candle pattern is found. The candles show ‘Three Outside Up’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.00107 – 0.00115 – 0.00113 – 0.00102 – 0.00101 – 0.00111 —
0.001077700 – 0.001089600 —
61.497484535969 – 63.525608548544 —
– —
0.00107 – 1780948800

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