SOL/BTC – 1H – BUY

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

A continuation of the upward movement up to the next resistance level at 0.001952400 is certain.

Caution: A possible reversal of the trend in the direction of the support zone at 0.001844600 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Resistance Level’ indicator layout is found. 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 0.24-Level.Continuation of the current ascending trend is certain. Current target is 0.0019524 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.001952400 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Bearish Harami Cross’ candlestick pattern is discovered. The chart shows ‘Bearish Harami Cross’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami Cross’ heading down is 57% (Bull Market) & 56% (Bear Market).

0.001952400 – 0.001887700 – 0.001881300 – 0.001844600 – 0.001818200 – 0.001685800 — 52.730230811839 – 52.985290789846

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bearish Harami Cross – Double top retreat up – –