SOL/BTC – 1H – BUY

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

An ascending movement upwards to the next resistance line at 0.00127 is likely expected.

Caution: A possible change in the direction of the support line at 0.00124 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.00127 – 0.00126 – 0.00124 – 0.00124 – 0.00123 – 0.00121 —
0.001258000 – 0.001252800 —
58.056503794432 – 47.58629312377 —
– —
0.00127 – 1771686000

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Symmetrical Triangle Chart Pattern – –