SOL/BTC – 1H – BUY

The currency pair Solana/Bitcoin (SOL/BTC) breaks through the descending trendline up.

A bullish ascent up to the next resistance line at 0.00121 is expected.

Caution: A possible reversal of the trend in the direction of the support zone at 0.00118 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.

Moreover a ‘Three White Soldiers’ candle chart pattern is existing. The candles form ‘Three White Soldiers’. 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 success rate of a ‘Three White Soldiers’ going up is 82%.

0.00121 – 0.00122 – 0.00125 – 0.00118 – 0.0012 – 0.00121 —
0.001195400 – 0.001183900 —
40.437762641718 – 41.830375944787 —
– —
0.00121 – 1770886800

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three White Soldiers – Rising Wedge Chart Pattern – –