SOL/BTC – 1H – BUY

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

A bullish movement up to the next resistance level at 0.001434700 is considered certain.

Caution: A possible reversal of the trend in the direction of the support level at 0.0014 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘%K crosses above %D’ indicator layout is detected. The indicator is ‘%K crosses above %D’. this is usually a bullish signal. The currency pair could go up.

Next a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Current target is 0.001465 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.001434700 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘Northern Doji’. which is a positive pattern signal. 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).

0.001434700 – 0.00146 – 0.0015 – 0.0014 – 0.00143 – 0.00141 —
0.001434700 – 0.001430400 —
52.223709331143 – 47.652046849254 —
0.001434700 – 1768957200 —
– 1768957200

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Symmetrical Triangle Chart Pattern – –