SOL/BTC – 30M – BUYThe combination Solana/Bitcoin (SOL/BTC) moves from the ascending trendline upwards
A continuation of the uptrend up to the next resistance level at 0.002437100 will continue.
Caution: A possible counter-trend in the direction of the support level at 0.002381300 could happen.
Consider stop-loss settings accordingly.
Additionally a ‘Bullish Engulfing’ candlestick chart pattern is existing. The candles form ‘Bullish Engulfing’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002506000 |
| 2nd High | 0.002445500 |
| Next High | 0.002437100 |
| Current Price | 0.002388800 |
| Next Low | 0.002381300 |
| 2nd Low | 0.002364600 |
| 3rd Low | 0.002297700 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bullish Engulfing