SOL/BTC – 1H – SELLNext a ‘Double top retreat up’ chart formation is existing. The chart shows ‘Double top retreat up’. which is a bullish chart scenario. The currency pair is likely to go up.
The combination Solana/Bitcoin (SOL/BTC) moves from the bearish trendline down.
A continuation of the bearish trend downwards to the next support at 0.00143 is certain.
Caution: A possible change in the direction of resistance at 0.00146 could be enabled.
Consider stop-loss settings accordingly.
Next a ‘Bullish Belt Hold’ candlestick pattern is found. The chart forms ‘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 success rate of a ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00153 |
| 2nd High | 0.0015 |
| Next High | 0.00146 |
| Current Price | 0.001431600 |
| Next Low | 0.00143 |
| 2nd Low | 0.00141 |
| 3rd Low | 0.00135 |
0.00146 – 0.0015 – 0.00153 – 0.00143 – 0.00141 – 0.00149 —
0.001424200 – 0.001429000 —
33.790828847468 – 47.828836460841 —
– —
0.00146 – 1768878000
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bullish Belt Hold – Double top retreat up – –