The pair Solana/Bitcoin (SOL/BTC) breaks through the bearish trendline upwards
A bullish trend upwards to the next resistance level at 0.002154500 will continue.
Caution: A possible counter-trend in the direction of support at 0.002093000 could happen.
Consider stop-loss settings accordingly.
There is also a ‘Bullish Belt Hold’ chart pattern is found. The candles form ‘Bullish Belt Hold’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.002155500 |
| Next High | 0.002154500 |
| Current Price | 0.002112600 |
| Next Low | 0.002093000 |
| 2nd Low | 0.002075600 |
| 3rd Low | 0.002009300 |
0.002154500 – 0.002117700 – 0.002064900 – 0.002093000 – 0.002075600 – 0.002009300 — 50.413921253172 – 52.277269586991
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bullish Belt Hold – Rising Wedge Chart Pattern – –