The combination Solana/Bitcoin (SOL/BTC) breaks through the descending trendline up.
A bullish ascent upwards to the next resistance level at 0.00124 is certain.
Caution: A possible change in the direction of the support level at 0.00122 should be noted.
Consider stop-loss settings accordingly.
Also there is a ‘MACD crosses above signal’ indicator signal is discovered. The indicator shows ‘MACD crosses above signal’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Also there is a ‘Bullish Belt Hold’ candlestick chart pattern is existing. The chart shows ‘Bullish Belt Hold’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00127 |
| 2nd High | 0.00126 |
| Next High | 0.00124 |
| Current Price | 0.001231400 |
| Next Low | 0.00122 |
| 2nd Low | 0.00121 |
| 3rd Low | 0.00118 |
0.00124 – 0.00126 – 0.00126 – 0.00123 – 0.00124 – 0.00124 —
0.001233800 – 0.001229100 —
31.088412382598 – 35.353634579191 —
– —
0.00124 – 1774762200
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bullish Belt Hold – Rising Wedge Chart Pattern – –