SOL/BTC – 30M – BUY

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

The bullish trend up to the next resistance line at 0.00126 is likely expected.

Caution: A possible counter-trend in the direction of the support zone at 0.00124 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.00126 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 0.00126 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Three Outside Up’ candle chart pattern is discovered. The candles show ‘Three Outside Up’. which 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 ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

0.00126 – 0.00128 – 0.00127 – 0.00124 – 0.00124 – 0.00124 —
0.001257600 – 0.001246400 —
48.708696794235 – 39.524081756789 —
– —
0.00126 – 1772706600

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Outside Up – – –