The combination Solana/Bitcoin (SOL/BTC) jumps from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance level at 0.00116 is certain.
Caution: A possible change in the direction of the support zone at 0.0011 is also possible.
Consider stop-loss settings accordingly.
Also there is a ‘StochOSC Hidden Bullish Divergence’ indicator layout is found. The indicator shows ‘StochOSC Hidden Bullish Divergence’. chart signal.
Also there is a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a positive chart signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.00111284 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of resistance at 0.00116 is also possible.
Consider stop-loss settings accordingly.
Also there is a ‘Bearish SBS White Lines’ candle pattern is detected. The candles show ‘Bearish SBS White Lines’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0012 |
| 2nd High | 0.00118 |
| Next High | 0.00116 |
| Current Price | 0.001103600 |
| Next Low | 0.0011 |
| 2nd Low | 0.00109 |
| 3rd Low | 0.00108 |
0.00116 – 0.00116 – 0.00115 – 0.0011 – 0.00112 – 0.00114 —
0.001108700 – 0.001107200 —
40.18876578672 – 32.363534395796 —
– —
0.00116 – 1782111600
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bearish SBS White Lines – – –