SOL/BTC – 1H – BUYThe currency pair Solana/Bitcoin (SOL/BTC) moves from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance line at 0.002076400 is expected.
Caution: A possible trend reversal in the direction of the support line at 0.002021100 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Three White Soldiers’ candlestick pattern is found. The candles form ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002313800 |
| 2nd High | 0.002231900 |
| Next High | 0.002076400 |
| Current Price | 0.002078100 |
| Next Low | 0.002021100 |
| 2nd Low | 0.001939900 |
| 3rd Low | 0.001872200 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three White Soldiers