SOL/BTC – 30M – BUY

The combination Solana/Bitcoin (SOL/BTC) moves from the bullish trendline upwards

A continuation of the upward movement upwards to the next resistance level at 0.002005000 will continue.

Caution: A possible counter-trend in the direction of support at 0.001941100 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.002005 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.002005000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Northern Doji’ candle chart pattern is detected. The chart forms ‘Northern Doji’. this is a bullish pattern 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’ going up is 52% (Bull Market) & 51% (Bear Market).

0.002005000 – 0.001980200 – 0.001986100 – 0.001941100 – 0.001944700 – 0.001910000 — 69.265242993628 – 69.566127705913

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