SOL/BTC – 30M – BUYThe currency pair Solana/Bitcoin (SOL/BTC) breaks through the bearish trendline up.
An ascent up to the next resistance level at 0.001591100 is certain.
Caution: A possible counter-trend in the direction of support at is also possible.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The currency pair is likely to rise.
In addition a ‘Bullish Belt Hold’ candle pattern is existing. The candles show ‘Bullish Belt Hold’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001609900 |
| 2nd High | 0.001606700 |
| Next High | 0.001591100 |
| Current Price | 0.001592900 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.001591100 – 0.001561600 – 0.001606700 – 0.001529200 – 0.001522800 – 0.001530400 — 61.21134739168 – 64.498600949922
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bullish Belt Hold – Double bottom chart pattern –