SOL/BTC – 4H – BUY

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

An ascending movement up to the next resistance line at 0.001905000 is certain.

Caution: A possible counter-trend in the direction of the support zone at 0.001797600 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The pair is likely to go up.

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

In addition a ‘Northern Doji’ candlestick chart pattern is detected. The candles show ‘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).

0.001905000 – 0.001952400 – 0.001881300 – 0.001797600 – 0.001825600 – 0.001685800 — 56.479686987734 – 59.561999735428

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Double bottom chart pattern – –