SOL/BTC – 30M – BUY

The combination Solana/Bitcoin (SOL/BTC) jumps from the bullish trendline up.

A continuation of the uptrend upwards to the next resistance line at 0.00144 is likely expected.

Caution: A possible counter-trend in the direction of the support level at 0.001412600 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘%K crosses above %D’ indicator layout is found. The indicator shows ‘%K crosses above %D’. which is often a bullish chart scenario. The currency pair is likely to rise.

Furthermore a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair could go up.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.0014363 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.00144 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Northern Doji’ chart pattern is detected. The candles show ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. 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).

0.00144 – 0.00144 – 0.00145 – 0.001412600 – 0.00142 – 0.00143 —
0.001419500 – 0.001422600 —
28.480581886892 – 41.095187181977 —
0.001412600 – 1769178600 —
0.00144 – 1769148000

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