SOL/BTC – 1H – BUY

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

A continuation of the uptrend up to the next resistance line at 0.001536300 is likely expected.

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

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 0.0015363 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance line at 0.001536300 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

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

0.001536300 – 0.001503600 – 0.001395300 – 0.001486200 – 0.001479400 – 0.001445000

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