The combination Solana/Bitcoin (SOL/BTC) breaks through the bearish trendline upwards
A bullish trend up to the next resistance level at 0.00126 is likely expected.
Caution: A possible change in the direction of support at 0.00124 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bullish signal. The pair is likely to go up.
Moreover a ‘Three White Soldiers’ chart pattern is detected. The candles show ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00131 |
| 2nd High | 0.0013 |
| Next High | 0.00126 |
| Current Price | 0.001256300 |
| Next Low | 0.00124 |
| 2nd Low | 0.00123 |
| 3rd Low | 0.00122 |
0.00126 – 0.0013 – 0.0013 – 0.00124 – 0.00125 – 0.00128 —
0.001254100 – 0.001247500 —
45.307419852762 – 39.787038073979 —
– —
0.00126 – 1774623600
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three White Soldiers – – –