The combination Solana/Bitcoin (SOL/BTC) jumps from the ascending trendline down.
A descending movement down to the next support level at is considered certain.
Caution: A possible trend reversal in the direction of resistance at 0.00144 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The pair is likely to go up.
And also a ‘Three Outside Up’ candlestick chart pattern is found. The candles show ‘Three Outside Up’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00146 |
| 2nd High | 0.00145 |
| Next High | 0.00144 |
| Current Price | 0.001425600 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.00144 – 0.00144 – 0.00145 – 0.00142 – 0.00141 – 0.00141 —
0.001422000 – 0.001423800 —
50.805728359004 – 54.628420692623 —
– —
0.00144 – 1769148000
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Outside Up – – –