Buy SOL/BTC – 1H – BUY

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

An ascent up to the next resistance level at 0.001539900 is considered certain.

Caution: A possible trend reversal in the direction of the support level at 0.001471000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘RSI fall below 30’ indicator layout is existing. The indicator is ‘RSI fall below 30’. this is usually a bearish chart scenario. The currency pair could go down.

And also a ‘Northern Doji’ chart pattern is existing. The chart forms ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.001631400
2nd High 0.001567700
Next High 0.001539900
Current Price 0.001465500
Next Low 0.001471000
2nd Low 0.001445000
3rd Low 0.001347600

0.001539900 – 0.001567700 – 0.001631400 – 0.001471000 – 0.001538100 – 0.001563400 — 39.049481739704 – 39.583939544073

Trading Signals:

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