SOL/BTC – 1H – BUYThe currency pair Solana/Bitcoin (SOL/BTC) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance at 0.002534500 is certain.
Caution: A possible counter-trend in the direction of the support level at 0.002452300 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Three White Soldiers’ chart pattern is found. The candles show ‘Three White Soldiers’. which is a positive pattern signal. The currency 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 | 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