SOL/BTC – 4H – BUY

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

A bullish trend upwards to the next resistance level at 0.00143 is certain.

Caution: A possible counter-trend in the direction of the support level at 0.00117 is also possible.
Consider stop-loss settings accordingly.

Besides a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The pair is likely to go down.

Besides a ‘Bullish Engulfing’ chart pattern is existing. The chart forms ‘Bullish Engulfing’. 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 likelyhood of ‘Bullish Engulfing’ heading up is 63%.

0.00143 – 0.00143 – 0.00146 – 0.00117 – 0.00112 – 0.00136 —
0.001218500 – 0.001265500 —
51.584334634158 – 68.325753971633 —
– —
0.00143 – 1769529600

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bullish Engulfing – – –