SOL/BTC – 1H – BUYThe currency pair Solana/Bitcoin (SOL/BTC) breaks through the descending trendline upwards
An ascending movement upwards to the next resistance at 0.002534500 will persist.
Caution: A possible change in the direction of the support zone at 0.002452300 could happen.
Consider stop-loss settings accordingly.
Furthermore a ‘Three White Soldiers’ candlestick chart pattern is existing. The chart forms ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability 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