Buy SOL/BTC – 30M – BUY

The currency pair Solana/Bitcoin (SOL/BTC) breaks through the descending trendline up.

An ascending movement upwards to the next resistance at 0.00111 is considered certain.

Caution: A possible reversal of the trend in the direction of the support level at 0.001091500 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 0.00110575 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.00111 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three White Soldiers’ candlestick chart pattern is detected. The chart forms ‘Three White Soldiers’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 0.00114
2nd High 0.00112
Next High 0.00111
Current Price 0.001100500
Next Low 0.001091500
2nd Low
3rd Low

0.00111 – 0.00111 – 0.00112 – 0.001091500 – 0.0011 – 0.0011 —
0.001095900 – 0.001098700 —
35.452174967474 – 45.756425501489 —
0.001091500 – 1777293000 —
0.00111 – 1777257000

Trading Signals:

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