The combination Solana/Bitcoin (SOL/BTC) breaks through the bearish trendline up.
A bullish ascent upwards to the next resistance level at 0.00111 is expected.
Caution: A possible change in the direction of the support zone at 0.001093600 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
Furthermore a ‘Three Outside Up’ candle pattern is found. The candles show ‘Three Outside Up’. which is a bullish pattern 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 | 0.00115 |
| 2nd High | 0.00114 |
| Next High | 0.00111 |
| Current Price | 0.001101800 |
| Next Low | 0.001093600 |
| 2nd Low | |
| 3rd Low |
0.00111 – 0.00114 – 0.00113 – 0.001093600 – 0.0011 – 0.00111 —
0.001098800 – 0.001101100 —
33.667518620504 – 46.367922415128 —
0.001093600 – 1776963600 —
0.00111 – 1776945600
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Outside Up – – –