SOL/BTC – 1H – BUYThe pair Solana/Bitcoin (SOL/BTC) moves from the bullish trendline up.
A continuation of the bullish trend up to the next resistance level at 0.001395300 is certain.
Caution: A possible change in the direction of the support level at 0.001349000 could occur.
Consider stop-loss settings accordingly.
And also a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.
And also a ‘Bullish Engulfing’ chart pattern is discovered. The candles show ‘Bullish Engulfing’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001487300 |
| 2nd High | 0.001423500 |
| Next High | 0.001395300 |
| Current Price | 0.001353800 |
| Next Low | 0.001349000 |
| 2nd Low | 0.001348800 |
| 3rd Low | 0.001288500 |
0.001395300 – 0.001379400 – 0.001423500 – 0.001349000 – 0.001348800 – 0.001360400
Trading Signals: FOREX – SOL – SOL/BTC – BTC – Bullish Engulfing – Double top retreat up