SOL/BTC – 1H – BUY

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

A continuation of the uptrend upwards to the next resistance level at 0.001560000 will continue.

Caution: A possible change in the direction of support at 0.001486200 could be enabled.
Consider stop-loss settings accordingly.

Also there is a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.

Also there is a ‘Bullish Engulfing’ candle chart pattern is existing. The candles show ‘Bullish Engulfing’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ heading up is 63%.

0.001536300 – 0.001503600 – 0.001395300 – 0.001486200 – 0.001479400 – 0.001445000

Trading Signals: FOREX – SOL – SOL/BTC – BTC – Bullish Engulfing – Symmetrical Triangle Chart Pattern