SOL/BTC – 1H – BUYThe pair Solana/Bitcoin (SOL/BTC) jumps from the ascending trendline down.
A descending movement down to the next support level at 0.001939900 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.002056100 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Three White Soldiers’ candle pattern is discovered. The candles form ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002313800 |
| 2nd High | 0.002231900 |
| Next High | 0.002056100 |
| Current Price | 0.002051100 |
| Next Low | 0.001939900 |
| 2nd Low | 0.001872200 |
| 3rd Low | 0.001842700 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three White Soldiers