SOL/BTC – 4H – BUY

The pair Solana/Bitcoin (SOL/BTC) goes from the ascending trendline upwards

A continuation of the upward movement up to the next resistance level at 0.001423500 is likely expected.

Caution: A possible change in the direction of the support line at 0.001348800 could occur.
Please make appropriate stop-loss settings in the case of a trade.

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

Moreover a ‘Northern Doji’ candlestick pattern is found. The candles form ‘Northern Doji’. which is a positive 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).

0.001423500 – 0.001487300 – 0.001383300 – 0.001348800 – 0.001350600 – 0.001288500

Trading Signals: FOREX – SOL – SOL/BTC – BTC – Northern Doji – Rising Wedge Chart Pattern