The currency pair Solana/Bitcoin (SOL/BTC) jumps from the descending trendline upwards
An ascent upwards to the next resistance level at 0.00122 is expected.
Caution: A possible reversal of the trend in the direction of the support zone at 0.00112 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Three White Soldiers’ candle chart pattern is existing. The chart shows ‘Three White Soldiers’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00124 |
| 2nd High | 0.00123 |
| Next High | 0.00122 |
| Current Price | 0.001200800 |
| Next Low | 0.00112 |
| 2nd Low | |
| 3rd Low |
0.00122 – 0.00122 – 0.00123 – 0.0012 – 0.00121 – 0.00122 —
0.001189100 – 0.001199600 —
47.360896026776 – 63.338153046833 —
– —
0.00122 – 1770809400
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three White Soldiers – – –