Buy SOL/BTC – 1H – BUY

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

A continuation of the upward movement up to the next resistance line at 0.001631400 will persist.

Caution: A possible reversal of the trend in the direction of the support zone at 0.001464100 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

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

There is also a ‘Northern Doji’ chart pattern is discovered. The candles form ‘Northern Doji’. which is a bullish pattern signal. The 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 0.001739200
2nd High 0.001720700
Next High 0.001631400
Current Price 0.001662500
Next Low 0.001464100
2nd Low 0.001456400
3rd Low 0.001421300

0.001555700 – 0.001586200 – 0.001469500 – 0.001464100 – 0.001508300 – 0.001456400 — 86.65332338575 – 86.815228300943

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