Buy SOL/BTC – 1H – BUY

The pair Solana/Bitcoin (SOL/BTC) moves from the descending trendline up.

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

Caution: A possible reversal of the trend in the direction of support at 0.001471000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘RSI fall below 70’ indicator signal is discovered. The indicator is ‘RSI fall below 70’. which is often a bearish chart signal. The pair is likely to go down.

Furthermore a ‘StochRSI fall below 80’ indicator signal is discovered. The indicator is ‘StochRSI fall below 80’. which is often a bearish chart signal. The pair is likely to go down.

Furthermore a ‘Northern Doji’ candle pattern is existing. The chart shows ‘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 likelyhood of ‘Northern Doji’ heading 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

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