SOL/BTC – 1H – BUY

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

A continuation of the uptrend upwards to the next resistance level at 0.001631400 is considered certain.

Caution: A possible reversal of the trend in the direction of the support zone at 0.001464100 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘RSI fall below 70’ indicator layout is found. The indicator is ‘RSI fall below 70’. which could be a negative signal. The currency pair is likely to fall.

And also a ‘StochRSI fall below 80’ indicator layout is found. The indicator is ‘StochRSI fall below 80’. which could be a negative signal. The currency pair is likely to fall.

And also a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.0015862 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.001631400 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Northern Doji’ candle chart pattern is existing. The chart shows ‘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 probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.001555700 – 0.001586200 – 0.001469500 – 0.001464100 – 0.001508300 – 0.001456400 — 81.957446760415 – 83.501475569401

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