SOL/BTC – 30M – BUY

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

An ascending movement upwards to the next resistance line at 0.001888700 is likely expected.

Caution: A possible counter-trend in the direction of the support zone at 0.001825600 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The pair is likely to go up.

Moreover a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair could go up.

Moreover a ‘Northern Doji’ candlestick pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The 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).

0.001888700 – 0.001888900 – 0.001909900 – 0.001825600 – 0.001858500 – 0.001875600 — 53.391105957361 – 55.392086814524

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Inverse Head and Shoulder chart pattern – –