SOL/BTC – 30M – BUY

The combination Solana/Bitcoin (SOL/BTC) goes from the ascending trendline up.

A continuation of the uptrend upwards to the next resistance at 0.001913100 will continue.

Caution: A possible reversal of the trend in the direction of the support line at could occur.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 0.0019131 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.001913100 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Northern Doji’ candlestick chart pattern is detected. The candles form ‘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 probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.001913100 – 0.001887700 – 0.001776900 – 0.001818200 – 0.001741500 – 0.001701500 — 47.438781589299 – 48.746875796299

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Double top retreat up – –