SOL/BTC – 1H – BUYThe combination Solana/Bitcoin (SOL/BTC) breaks through the bearish trendline up.
A bullish ascent upwards to the next resistance line at 0.002534500 is considered certain.
Caution: A possible change in the direction of the support zone at 0.002452300 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Three White Soldiers’ chart pattern is found. The candles show ‘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 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