The pair Solana/Bitcoin (SOL/BTC) breaks through the bearish trendline up.
An ascent up to the next resistance at 0.002534500 is certain.
Caution: A possible counter-trend in the direction of the support line at 0.002452300 could occur.
Consider stop-loss settings accordingly.
And also a ‘Three White Soldiers’ candle pattern is found. The chart shows ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.002599900 |
2nd High | 0.002550000 |
Next High | 0.002534500 |
Current Price | 0.002512400 |
Next Low | 0.002452300 |
2nd Low | 0.002423400 |
3rd Low | 0.002356800 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three White Soldiers