SOL/BTC – 1H – BUYThe pair Solana/Bitcoin (SOL/BTC) goes from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 0.001423500 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.001352100 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Bullish Belt Hold’ chart pattern is existing. The chart forms ‘Bullish Belt Hold’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001509500 |
| 2nd High | 0.001487300 |
| Next High | 0.001423500 |
| Current Price | 0.001366900 |
| Next Low | 0.001352100 |
| 2nd Low | 0.001350600 |
| 3rd Low | 0.001288500 |
0.001423500 – 0.001421100 – 0.001413300 – 0.001360400 – 0.001367700 – 0.001382100
Trading Signals: FOREX – SOL – SOL/BTC – BTC – Bullish Belt Hold –