SOL/BTC – 30M – BUYThe currency pair Solana/Bitcoin (SOL/BTC) breaks through the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance at 0.001799000 is considered certain.
Caution: A possible trend reversal in the direction of the support zone at 0.001690200 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Bullish Engulfing’ candle chart pattern is detected. The chart shows ‘Bullish Engulfing’. this is a bullish signal. The currency 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 | |
| 2nd High | |
| Next High | 0.001799000 |
| Current Price | 0.001754300 |
| Next Low | 0.001690200 |
| 2nd Low | 0.001586900 |
| 3rd Low | 0.001576400 |
0.001799000 – 0.001729300 – 0.001634300 – 0.001690200 – 0.001586900 – 0.001601400 — 55.44424744287 – 56.355260282005
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bullish Engulfing – – –