SOL/BTC – 1H – BUY

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

A bullish ascent upwards to the next resistance at 0.001613600 is expected.

Caution: A possible trend reversal in the direction of the support level at 0.001563400 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The currency pair could go up.

There is also a ‘RSI fall below 70’ indicator signal is existing. The indicator shows ‘RSI fall below 70’. which is often a bullish signal. The currency pair could go up.

There is also a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.

There is also a ‘Northern Doji’ candle pattern is existing. The chart forms ‘Northern Doji’. which 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 probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.001594600 – 0.001613600 – 0.001606700 – 0.001563400 – 0.001562500 – 0.001529200 — 63.839541364719 – 65.474191302073

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Double bottom retreat down –