SOL/BTC – 1H – BUYThe currency pair Solana/Bitcoin (SOL/BTC) breaks through the descending trendline upwards
A bullish trend upwards to the next resistance at 0.00125 is certain.
Caution: A possible counter-trend in the direction of the support zone at 0.00121 should always be considered.
Consider stop-loss settings accordingly.
In addition a ‘Three White Soldiers’ candle pattern is detected. The chart forms ‘Three White Soldiers’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0013 |
| 2nd High | 0.00126 |
| Next High | 0.00125 |
| Current Price | 0.001219900 |
| Next Low | 0.00121 |
| 2nd Low | 0.0012 |
| 3rd Low | 0.00117 |
0.00125 – 0.00126 – 0.00126 – 0.00121 – 0.00123 – 0.00124 —
0.001235800 – 0.001213700 —
40.177414379577 – 29.404086377384 —
– —
0.00125 – 1774890000
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three White Soldiers – – –