SOL/BTC – 30M – BUYThe pair goes from the ascending trendline up.
A continuation of the bullish trend up to the next resistance line at 0.002659600 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 0.002572000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Current target is 0.0026433616 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of resistance at 0.002659600 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three White Soldiers’ candle chart pattern is found. The chart shows ‘Three White Soldiers’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.002691600 |
| Next High | 0.002659600 |
| Current Price | 0.002616600 |
| Next Low | 0.002572000 |
| 2nd Low | 0.002489000 |
| 3rd Low | 0.002487200 |