SOL/BTC – 4H – BUY

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 0.001125 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support zone at 0.0012 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Matching Low’ candle chart pattern is detected. The chart shows ‘Matching Low’. 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 success rate of a ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.0011 – 0.00112 – 0.0012 – 0.00105 – 0.00107 – 0.00109 —
0.001110000 – 0.001168700 —
67.226512383329 – 78.665161198972 —
– —
0.0011 – 1777420800

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Matching Low – – –