SOL/BTC – 30M – BUY

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

An ascending movement upwards to the next resistance level at 0.00129 will persist.

Caution: A possible trend reversal in the direction of the support level at could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 0.0012964 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.00129 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Three Outside Up’ candlestick chart pattern is found. The candles form ‘Three Outside Up’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

0.00129 – 0.00131 – 0.0013 – 0.00124 – 0.00122 – 0.00124 —
0.001263000 – 0.001273700 —
31.146433622469 – 50.362087666719 —
– —
0.00129 – 1772371800

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Outside Up – – –