SOL/BTC – 30M – BUYThe currency pair Solana/Bitcoin (SOL/BTC) goes from the descending trendline up.
A bullish ascent upwards to the next resistance level at 0.00124 is certain.
Caution: A possible counter-trend in the direction of the support line at 0.00122 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The currency pair could go up.
Moreover a ‘Bullish Engulfing’ candlestick pattern is found. The chart shows ‘Bullish Engulfing’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00126 |
| 2nd High | 0.00125 |
| Next High | 0.00124 |
| Current Price | 0.001229900 |
| Next Low | 0.00122 |
| 2nd Low | 0.00121 |
| 3rd Low | 0.00118 |
0.00124 – 0.00125 – 0.00126 – 0.00123 – 0.00124 – 0.00124 —
0.001232600 – 0.001228800 —
37.473202945383 – 38.993742262091 —
– —
0.00124 – 1772928000
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bullish Engulfing – – –