SOL/BTC – 1H – BUYNext a ‘Double top retreat up’ chart layout is detected. The chart forms ‘Double top retreat up’. which is a positive pattern signal. The currency pair is likely to rise.
The currency pair Solana/Bitcoin (SOL/BTC) jumps from the descending trendline upwards
A bullish movement upwards to the next resistance line at 0.001409600 is certain.
Caution: A possible trend reversal in the direction of the support line at 0.001288500 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001509500 |
| 2nd High | 0.001487300 |
| Next High | 0.001409600 |
| Current Price | 0.001370600 |
| Next Low | 0.001288500 |
| 2nd Low | 0.001256200 |
| 3rd Low |
0.001409600 – 0.001487300 – 0.001432000 – 0.001373900 – 0.001390100 – 0.001288500
Trading Signals: FOREX – SOL – SOL/BTC – BTC – – Double top retreat up