SOL/BTC – 1H – BUY

The combination Solana/Bitcoin (SOL/BTC) moves from the bullish trendline upwards

A continuation of the bullish trend up to the next resistance level at 0.001536300 is likely expected.

Caution: A possible reversal of the trend in the direction of support at 0.001479400 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.0015363 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.001536300 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Northern Doji’ chart pattern is found. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.001536300 – 0.001503600 – 0.001395300 – 0.001479400 – 0.001445000 – 0.001347600

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