The pair Solana/Bitcoin (SOL/BTC) breaks through the bearish trendline up.
A bullish movement upwards to the next resistance at 0.002441900 is expected.
Caution: A possible counter-trend in the direction of the support level at 0.002346700 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three White Soldiers’ chart pattern is discovered. 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 | 0.002675400 |
2nd High | 0.002459000 |
Next High | 0.002441900 |
Current Price | 0.002392800 |
Next Low | 0.002346700 |
2nd Low | 0.002310300 |
3rd Low | 0.002307000 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three White Soldiers