SOL/BTC – 1H – BUY

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

A continuation of the uptrend up to the next resistance at will persist.

Caution: A possible reversal of the trend in the direction of the support level at 0.001818200 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.0018877 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.001887700 – 0.001881300 – 0.001834200 – 0.001818200 – 0.001685800 – 0.001773900 — 60.233214092823 – 60.791921225567

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