SOL/BTC – 30M – BUYThe currency pair Solana/Bitcoin (SOL/BTC) breaks through the descending trendline upwards
The bullish trend upwards to the next resistance line at 0.002155900 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.002027300 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Bearish SBS White Lines’ chart pattern is detected. The candles form ‘Bearish SBS White Lines’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002177600 |
| 2nd High | 0.002156000 |
| Next High | 0.002155900 |
| Current Price | 0.002057900 |
| Next Low | 0.002027300 |
| 2nd Low | 0.001943400 |
| 3rd Low | 0.001939900 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bearish SBS White Lines