Buy SOL/BTC – 4H – BUY

The combination Solana/Bitcoin (SOL/BTC) breaks through the descending trendline up.

A bullish movement upwards to the next resistance line at 0.001631400 will continue.

Caution: A possible change in the direction of the support level at 0.001421300 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The pair is likely to go up.

There is also a ‘StochRSI fall below 80’ indicator layout is found. The indicator is ‘StochRSI fall below 80’. which is often a bullish chart scenario. The pair is likely to go up.

There is also a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 0.0016467824 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of resistance at 0.001631400 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Northern Doji’ candlestick pattern is found. The chart shows ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.001740400
2nd High 0.001739200
Next High 0.001631400
Current Price 0.001598400
Next Low 0.001421300
2nd Low 0.001347600
3rd Low 0.001288500

0.001586200 – 0.001631400 – 0.001739200 – 0.001421300 – 0.001522800 – 0.001347600 — 67.318773789807 – 68.001059475474

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