SOL/BTC – 1H – BUYThe combination Solana/Bitcoin (SOL/BTC) moves from the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 0.001655200 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 0.001562300 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Bullish Belt Hold’ candle pattern is found. The candles form ‘Bullish Belt Hold’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001707300 |
| 2nd High | 0.001662300 |
| Next High | 0.001655200 |
| Current Price | 0.001586200 |
| Next Low | 0.001562300 |
| 2nd Low | 0.001464100 |
| 3rd Low | 0.001456400 |
0.001655200 – 0.001612500 – 0.001662300 – 0.001562300 – 0.001577400 – 0.001566900 — 37.137374943745 – 47.024229724852
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bullish Belt Hold – Double top retreat up – –