SOL/BTC – 30M – BUY

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

A bullish trend up to the next resistance at 0.00111 is likely expected.

Caution: A possible counter-trend in the direction of the support level at 0.00109 is also possible.
Consider stop-loss settings accordingly.

Also there is a ‘MACD crosses above signal’ indicator layout is existing. The indicator shows ‘MACD crosses above signal’. which could be a positive chart scenario. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.001105 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.00111 is also possible.
Consider stop-loss settings accordingly.

Also there is a ‘Three White Soldiers’ candle 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 success rate of a ‘Three White Soldiers’ heading up is 82%.

0.00111 – 0.00111 – 0.00112 – 0.00109 – 0.0011 – 0.0011 —
0.001101400 – 0.001095100 —
55.336434844186 – 39.206176922357 —
– —
0.00111 – 1777257000

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three White Soldiers – – –