The combination Solana/Bitcoin (SOL/BTC) breaks through the descending trendline up.
A bullish trend upwards to the next resistance level at 0.00114 will continue.
Caution: A possible counter-trend in the direction of the support level at 0.00112 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.001135 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.00114 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three White Soldiers’ candlestick pattern is discovered. The candles show ‘Three White Soldiers’. 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 chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0012 |
| 2nd High | 0.00115 |
| Next High | 0.00114 |
| Current Price | 0.001128700 |
| Next Low | 0.00112 |
| 2nd Low | |
| 3rd Low |
0.00114 – 0.00114 – 0.00114 – 0.00112 – 0.00112 – 0.00115 —
0.001127400 – 0.001126300 —
42.259718886658 – 42.776658354432 —
– —
0.00114 – 1776691800
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three White Soldiers – – –