SOL/BTC – 30M – BUYThe combination Solana/Bitcoin (SOL/BTC) jumps from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance level at 0.002090200 will persist.
Caution: A possible trend reversal in the direction of the support level at 0.002054400 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Bullish Belt Hold’ candle pattern is existing. The chart forms ‘Bullish Belt Hold’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002155500 |
| 2nd High | 0.002154500 |
| Next High | 0.002090200 |
| Current Price | 0.002061400 |
| Next Low | 0.002054400 |
| 2nd Low | 0.002045100 |
| 3rd Low | 0.002036200 |
0.002090200 – 0.002077700 – 0.002075700 – 0.002054400 – 0.002045100 – 0.002036200 — 37.457832045425 – 41.160202250151
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bullish Belt Hold – Double bottom chart pattern – –