The currency pair Solana/Bitcoin (SOL/BTC) breaks through the bearish trendline upwards
An ascent upwards to the next resistance line at 0.002035900 is certain.
Caution: A possible reversal of the trend in the direction of the support zone at 0.001951500 should be noted.
Consider stop-loss settings accordingly.
Moreover a ‘Three White Soldiers’ chart pattern is existing. The candles show ‘Three White Soldiers’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.002135300 |
2nd High | 0.002090600 |
Next High | 0.002035900 |
Current Price | 0.001990300 |
Next Low | 0.001951500 |
2nd Low | 0.001943400 |
3rd Low | 0.001939900 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three White Soldiers