The combination Solana/Bitcoin (SOL/BTC) breaks through the descending trendline upwards
A bullish ascent up to the next resistance at 0.00112 will persist.
Caution: A possible counter-trend in the direction of support at could be enabled.
Consider stop-loss settings accordingly.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The currency pair could go up.
Also there is a ‘Three Outside Up’ candlestick chart pattern is found. The chart forms ‘Three Outside Up’. 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 chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00115 |
| 2nd High | 0.00114 |
| Next High | 0.00112 |
| Current Price | 0.001115000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.00112 – 0.00111 – 0.00114 – 0.0011 – 0.00109 – 0.00112 —
0.001113500 – 0.001113600 —
57.609308849883 – 51.647645700471 —
– —
0.00112 – 1777060800
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Outside Up – – –