SOL/BTC – 1H – BUY

The pair Solana/Bitcoin (SOL/BTC) breaks through the ascending trendline upwards

A continuation of the bullish trend up to the next resistance level at is considered certain.

Caution: A possible change in the direction of support at 0.001586900 is within the realm of possibility.
Consider stop-loss settings accordingly.

Moreover a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a positive chart signal. 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 0.001799 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance zone at is within the realm of possibility.
Consider stop-loss settings accordingly.

Moreover a ‘Northern Doji’ candle chart pattern is detected. The chart shows ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.001799000 – 0.001659700 – 0.001590300 – 0.001586900 – 0.001601400 – 0.001557500 — 65.666117639842 – 65.841469966778

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Double top chart pattern – –