The pair Solana/Bitcoin (SOL/BTC) breaks through the bearish trendline up.
An ascent upwards to the next resistance line at 0.00129 will persist.
Caution: A possible change in the direction of support at 0.00121 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Three Outside Up’ candlestick pattern is found. The chart forms ‘Three Outside Up’. 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 ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00146 |
| 2nd High | 0.00143 |
| Next High | 0.00129 |
| Current Price | 0.001261800 |
| Next Low | 0.00121 |
| 2nd Low | 0.00117 |
| 3rd Low | 0.00112 |
0.00129 – 0.00143 – 0.00143 – 0.00121 – 0.00122 – 0.00117 —
0.001241600 – 0.001248000 —
48.720677149561 – 51.699398323933 —
– —
0.00129 – 1771142400
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Outside Up – Symmetrical Triangle Chart Pattern – –