SOL/BTC – 30M – BUY

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

A continuation of the bullish trend up to the next resistance line at 0.001567700 is expected.

Caution: A possible trend reversal in the direction of support at 0.001532500 is within the realm of possibility.
Consider stop-loss settings accordingly.

There is also a ‘RSI cross above 70’ indicator layout is existing. The indicator is ‘RSI cross above 70’. this is usually a bullish signal. The pair is likely to go up.

There is also a ‘StochRSI cross above 20’ indicator layout is existing. The indicator is ‘StochRSI cross above 20’. this is usually a bullish signal. The pair is likely to go up.

There is also a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Current target is 0.0015582 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.001567700 is within the realm of possibility.
Consider stop-loss settings accordingly.

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

0.001558200 – 0.001469500 – 0.001441300 – 0.001532500 – 0.001456400 – 0.001429500 — 68.319223762778 – 69.254795307039

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Triple bottom chart pattern – –