SOL/BTC – 4H – BUY

Furthermore a ‘Triple bottom chart pattern’ chart pattern is existing. The chart forms ‘Triple bottom chart pattern’. which is a positive chart scenario. The currency pair is likely to rise.

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

The bullish trend up to the next resistance level at 0.001739200 will continue.

Caution: A possible reversal of the trend in the direction of the support level at 0.001548000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Current target is 0.0017073 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.001739200 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Bullish Belt Hold’ candlestick chart pattern is existing. The candles show ‘Bullish Belt Hold’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

0.001655200 – 0.001707300 – 0.001586200 – 0.001548000 – 0.001566900 – 0.001464100 — 69.265664411295 – 76.601890626109

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bullish Belt Hold – Triple bottom chart pattern – –