The combination Solana/Bitcoin (SOL/BTC) moves from the bearish trendline up.
An ascending movement up to the next resistance line at 0.00121 is likely expected.
Caution: A possible counter-trend in the direction of the support line at 0.00118 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three White Soldiers’ candle chart pattern is detected. The candles form ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00125 |
| 2nd High | 0.00122 |
| Next High | 0.00121 |
| Current Price | 0.001188000 |
| Next Low | 0.00118 |
| 2nd Low | 0.00112 |
| 3rd Low |
0.00121 – 0.00122 – 0.00125 – 0.00118 – 0.0012 – 0.00121 —
0.001189400 – 0.001188900 —
34.328658784572 – 46.374980486126 —
– —
0.00121 – 1770886800
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three White Soldiers – Symmetrical Triangle Chart Pattern – –