SOL/BTC – 30M – BUY

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

A continuation of the upward movement up to the next resistance level at 0.001881300 is certain.

Caution: A possible reversal of the trend in the direction of the support line at 0.001741500 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.

Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is certain. Current target is 0.0018813 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.001881300 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Northern Doji’ chart pattern is existing. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.001776900 – 0.001721600 – 0.001881300 – 0.001741500 – 0.001701500 – 0.001685800 — 68.611002127775 – 68.804012501078

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Rising Wedge Chart Pattern – –