SOL/BTC – 30M – BUY

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

An ascent upwards to the next resistance at 0.001846200 is certain.

Caution: A possible change in the direction of the support level at 0.001811300 is within the realm of possibility.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The currency pair is likely to rise.

And also a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a positive chart scenario. The currency pair could go up.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.0018395174 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance zone at 0.001846200 is within the realm of possibility.
Consider stop-loss settings accordingly.

And also a ‘Northern Doji’ candlestick chart pattern is discovered. The candles form ‘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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.001846200 – 0.001837500 – 0.001834400 – 0.001825400 – 0.001811300 – 0.001825500 — 61.530574318497 – 63.538034897163

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