SOL/BTC – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.0027111 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.002707000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Bullish Engulfing’ chart pattern is discovered. The candles form ‘Bullish Engulfing’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.002711100 |
| Next High | 0.002707000 |
| Current Price | 0.002639300 |
| Next Low | 0.002601000 |
| 2nd Low | 0.002538800 |
| 3rd Low | 0.002356800 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bullish Engulfing