SOL/BTC – 30M – BUY

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

A bullish trend upwards to the next resistance line at 0.001888900 will persist.

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

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The currency pair could go up.

Furthermore a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.

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

0.001888900 – 0.001909900 – 0.001938500 – 0.001825600 – 0.001858500 – 0.001875600 — 51.530156882426 – 54.702866842494

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