SOL/BTC – 4H – BUY

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

A bullish trend up to the next resistance at 0.00115 will continue.

Caution: A possible counter-trend in the direction of support at 0.00109 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The pair is likely to go down.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.00115 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.00115 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Inside Up’ candle chart pattern is discovered. The candles show ‘Three Inside Up’. this is a bullish 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 ‘Three Inside Up’ going up is 65% (Bull Market) & 63% (Bear Market).

0.00113 – 0.00107 – 0.00115 – 0.00109 – 0.00102 – 0.00101 —
0.001097100 – 0.001127900 —
42.73773031036 – 60.518041831998 —
– —
0.00113 – 1781539200

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