SOL/BTC – 1H – BUYNext a ‘Hammer’ chart pattern is detected. The candles form ‘Hammer’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Hammer’ heading up is 60% (Bull Market) & 59% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002322500 |
| 2nd High | 0.002313800 |
| Next High | 0.002231900 |
| Current Price | 0.002143500 |
| Next Low | 0.002017800 |
| 2nd Low | 0.001939900 |
| 3rd Low | 0.001872200 |