SOL/BTC – 1H – BUY

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

A bullish movement up to the next resistance line at 0.00125 is likely expected.

Caution: A possible counter-trend in the direction of support at 0.001223000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The currency pair could go up.

In addition a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 0.0012482 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.00125 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Three White Soldiers’ candlestick chart pattern is detected. The chart shows ‘Three White Soldiers’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.

0.00125 – 0.00125 – 0.00126 – 0.001223000 – 0.00123 – 0.00121 —
0.001233400 – 0.001238100 —
36.803430700747 – 55.934033890914 —
0.001223000 – 1773129600 —
0.00125 – 1773093600

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three White Soldiers – Rising Wedge Chart Pattern – –