SOL/BTC – 30M – BUY

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

A continuation of the uptrend upwards to the next resistance level at 0.001881300 is likely expected.

Caution: A possible trend reversal in the direction of the support level at 0.001701500 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

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

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.001839463 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of resistance at 0.001881300 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Northern Doji’ candle chart pattern is discovered. The candles show ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.001776900 – 0.001721600 – 0.001881300 – 0.001701500 – 0.001685800 – 0.001785400 — 77.273168059921 – 78.230625913917

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – – –