SOL/BTC – 30M – BUYIn addition a ‘Double bottom chart pattern’ chart layout is discovered. The chart picture shows ‘Double bottom chart pattern’. which is a bullish chart scenario. The pair is likely to go up.
The combination Solana/Bitcoin (SOL/BTC) moves from the bullish trendline up.
A continuation of the bullish trend up to the next resistance level at 0.001980200 is certain.
Caution: A possible reversal of the trend in the direction of the support line at 0.001941100 should be noted.
Consider stop-loss settings accordingly.
In addition a ‘Latter Bottom’ candlestick chart pattern is found. The candles show ‘Latter Bottom’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Latter Bottom’ going up is 56% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.001986100 |
| Next High | 0.001980200 |
| Current Price | 0.001995800 |
| Next Low | 0.001941100 |
| 2nd Low | 0.001910000 |
| 3rd Low | 0.001895600 |
0.001980200 – 0.001986100 – 0.001947000 – 0.001941100 – 0.001944700 – 0.001910000 — 57.981380398921 – 68.55129762575
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Latter Bottom – Double bottom chart pattern – –