SOL/BTC – 1H – BUY

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

A bullish movement up to the next resistance line at 0.002064900 is considered certain.

Caution: A possible change in the direction of the support level at 0.002001500 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The currency pair is likely to rise.

Next a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The currency pair could go up.

Next a ‘Northern Doji’ chart pattern is existing. The candles form ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. 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).

0.002064900 – 0.002149000 – 0.002155500 – 0.002001500 – 0.002012200 – 0.002007100 — 51.165197669999 – 56.24244137058

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