SOL/BTC – 30M – BUY

The currency pair Solana/Bitcoin (SOL/BTC) jumps from the bullish trendline up.

A continuation of the bullish trend upwards to the next resistance at 0.001533400 is likely expected.

Caution: A possible trend reversal in the direction of the support level at could happen.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 0.0015147532 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.001533400 could happen.
Consider stop-loss settings accordingly.

And also a ‘Northern Doji’ candlestick pattern is existing. The candles show ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.001533400 – 0.001536300 – 0.001503600 – 0.001486800 – 0.001479400 – 0.001445000

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