SOL/BTC – 30M – BUY

The combination Solana/Bitcoin (SOL/BTC) breaks through the descending trendline upwards

A bullish movement up to the next resistance level at 0.001462100 will persist.

Caution: A possible change in the direction of support at 0.001422900 could happen.
Consider stop-loss settings accordingly.

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The currency pair could go up.

There is also a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The pair is likely to go up.

Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 0.0014837 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 0.001462100 could happen.
Consider stop-loss settings accordingly.

There is also a ‘Northern Doji’ candle pattern is detected. The candles form ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.001462100 – 0.001439200 – 0.001496400 – 0.001422900 – 0.001407400 – 0.001477700

Trading Signals: FOREX – SOL – SOL/BTC – BTC – Northern Doji