SOL/BTC – 30M – BUY

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

A bullish ascent up to the next resistance level at 0.00125 is likely expected.

Caution: A possible counter-trend in the direction of the support level at 0.00123 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

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

Additionally a ‘Bullish Engulfing’ candlestick chart pattern is existing. The candles show ‘Bullish Engulfing’. 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 success rate of a ‘Bullish Engulfing’ heading up is 63%.

0.00125 – 0.00123 – 0.00124 – 0.00123 – 0.00121 – 0.00123 —
0.001244400 – 0.001250100 —
60.839527676831 – 64.150808722825 —
– —
0.00125 – 1773025200

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