SOL/BTC – 1H – BUY

The pair Solana/Bitcoin (SOL/BTC) breaks through the ascending trendline upwards

A continuation of the bullish trend up to the next resistance level at 0.001560000 is considered certain.

Caution: A possible trend reversal in the direction of the support line at 0.001347600 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a positive signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Current target is 0.0015036 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.001560000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Northern Doji’ candlestick pattern is discovered. The candles show ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.001503600 – 0.001395300 – 0.001379400 – 0.001347600 – 0.001349000 – 0.001348800

Trading Signals: FOREX – SOL – SOL/BTC – BTC – Northern Doji – Triple bottom chart pattern