The pair Solana/Bitcoin (SOL/BTC) breaks through the descending trendline upwards
The bullish trend up to the next resistance level at 0.0012 will persist.
Caution: A possible change in the direction of support at 0.00115 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair could go up.
Moreover a ‘Three White Soldiers’ candle pattern is detected. The candles show ‘Three White Soldiers’. this is a bullish pattern 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 | 0.00125 |
| 2nd High | 0.00121 |
| Next High | 0.0012 |
| Current Price | 0.001170100 |
| Next Low | 0.00115 |
| 2nd Low | 0.00112 |
| 3rd Low |
0.0012 – 0.0012 – 0.00121 – 0.00115 – 0.00116 – 0.00118 —
0.001160500 – 0.001161100 —
35.748325715276 – 49.249960006363 —
– —
0.0012 – 1775602800
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three White Soldiers – – –