SOL/BTC – 30M – BUY

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

The bullish trend up to the next resistance line at 0.00113 will persist.

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

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 0.00113 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.00113 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Three White Soldiers’ chart pattern is detected. The candles show ‘Three White Soldiers’. which is a positive chart scenario. 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’ going up is 82%.

0.00112 – 0.00113 – 0.00112 – 0.00109 – 0.0011 – 0.0011 —
0.001114600 – 0.001123900 —
52.888050086862 – 62.225161945045 —
– —
0.00112 – 1782338400

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