Buy SOL/BTC – 1H – BUY

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

An ascending movement upwards to the next resistance at 0.001493500 is certain.

Caution: A possible change in the direction of the support level at 0.001421300 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair is likely to rise.

Then a ‘StochRSI fall below 80’ indicator signal is discovered. The indicator shows ‘StochRSI fall below 80’. this is usually a bullish signal. The currency pair is likely to rise.

Then a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.

Then a ‘Northern Doji’ candle pattern is found. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. 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).

Support & Resistance Price Range*
3rd High 0.001567700
2nd High 0.001539900
Next High 0.001493500
Current Price 0.001459800
Next Low 0.001421300
2nd Low 0.001347600
3rd Low 0.001288500

0.001493500 – 0.001539900 – 0.001567700 – 0.001421300 – 0.001443900 – 0.001471000 — 58.768384631135 – 59.943783182514

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