Buy SOL/BTC – 30M – BUY

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

A bullish trend upwards to the next resistance level at 0.001527600 is likely expected.

Caution: A possible trend reversal in the direction of the support line at 0.001471000 could occur.
Consider stop-loss settings accordingly.

Furthermore a ‘RSI cross above 70’ indicator signal is detected. The indicator shows ‘RSI cross above 70’. which could be a positive chart signal. The pair is likely to go up.

Furthermore a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.001546100
2nd High 0.001543800
Next High 0.001527600
Current Price 0.001538600
Next Low 0.001471000
2nd Low 0.001445000
3rd Low 0.001396000

0.001527600 – 0.001543800 – 0.001546100 – 0.001471000 – 0.001500000 – 0.001522700 — 66.377437458217 – 70.061940678512

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