SOL/BTC – 4H – BUY

In addition a ‘Triple bottom chart pattern’ chart pattern is discovered. The chart picture forms ‘Triple bottom chart pattern’. this is a bullish chart scenario. The pair is likely to go up.

The pair Solana/Bitcoin (SOL/BTC) breaks through the bearish trendline up.

A bullish ascent up to the next resistance line at 0.001739200 is expected.

Caution: A possible change in the direction of the support line at 0.001548000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.0017073 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance zone at 0.001739200 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Bullish Belt Hold’ candlestick pattern is existing. The candles show ‘Bullish Belt Hold’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

0.001655200 – 0.001707300 – 0.001586200 – 0.001548000 – 0.001566900 – 0.001464100 — 69.265664411295 – 76.601890626109

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bullish Belt Hold – Triple bottom chart pattern – –