Also there is a ‘Double bottom chart pattern’ chart pattern is found. The chart picture shows ‘Double bottom chart pattern’. which is a bullish pattern signal. The pair is likely to go up.
The combination Solana/Bitcoin (SOL/BTC) breaks through the bearish trendline up.
A bullish ascent up to the next resistance at 0.00141 will persist.
Caution: A possible change in the direction of the support level at 0.00138 could happen.
Consider stop-loss settings accordingly.
Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The pair is likely to go up.
Also there is a ‘StochOSC Hidden Bullish Divergence’ indicator layout is existing. The indicator is ‘StochOSC Hidden Bullish Divergence’. which could be a positive signal. The pair is likely to go up.
Also there is a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which is often a bullish chart scenario. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 0.00141584 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance line at 0.00141 could happen.
Consider stop-loss settings accordingly.
Also there is a ‘Three Outside Up’ chart pattern is found. The candles form ‘Three Outside Up’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00144 |
| 2nd High | 0.00143 |
| Next High | 0.00141 |
| Current Price | 0.001411200 |
| Next Low | 0.00138 |
| 2nd Low | 0.00137 |
| 3rd Low | 0.00136 |
0.00141 – 0.0014 – 0.00143 – 0.00138 – 0.00137 – 0.00139 —
0.001408500 – 0.001401600 —
62.203330918068 – 44.655569771205 —
– —
0.00141 – 1769736600
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Outside Up – Double bottom chart pattern – –