Buy SOL/BTC – 1H – BUY

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

An ascending movement up to the next resistance line at 0.001539900 is expected.

Caution: A possible change in the direction of the support line at 0.001471000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘RSI fall below 30’ indicator layout is found. The indicator shows ‘RSI fall below 30’. which could be a negative signal. The currency pair could go down.

And also a ‘Northern Doji’ candle chart pattern is existing. The chart shows ‘Northern Doji’. 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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.001631400
2nd High 0.001567700
Next High 0.001539900
Current Price 0.001465500
Next Low 0.001471000
2nd Low 0.001445000
3rd Low 0.001347600

0.001539900 – 0.001567700 – 0.001631400 – 0.001471000 – 0.001538100 – 0.001563400 — 39.049481739704 – 39.583939544073

Trading Signals:

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