SOL/BTC – 1H – BUY

The pair Solana/Bitcoin (SOL/BTC) goes from the bearish trendline upwards

The bullish trend upwards to the next resistance level at 0.001539900 is certain.

Caution: A possible counter-trend in the direction of the support level at 0.001471000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘RSI fall below 30’ indicator signal is discovered. The indicator shows ‘RSI fall below 30’. this is usually a bearish signal. The currency pair is likely to fall.

In addition a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bullish signal. The pair is likely to go up.

Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.0015088544 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of resistance at 0.001539900 could occur.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Northern Doji’ candle pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The 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).

0.001539900 – 0.001567700 – 0.001631400 – 0.001471000 – 0.001538100 – 0.001563400 — 31.071325805092 – 31.294811351276

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Double top chart pattern –