SOL/BTC – 1H – BUY

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

A bullish movement upwards to the next resistance line at 0.001539900 is expected.

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

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

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

Furthermore a ‘Northern Doji’ chart pattern is existing. The candles form ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. 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).

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

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Symmetrical Triangle Chart Pattern – –