The combination Solana/Bitcoin (SOL/BTC) breaks through the bearish trendline up.
A bullish trend up to the next resistance line at 0.00124 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 0.00121 should be noted.
Consider stop-loss settings accordingly.
In addition a ‘Three White Soldiers’ candle pattern is discovered. The candles form ‘Three White Soldiers’. which is a positive 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’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00129 |
| 2nd High | 0.00126 |
| Next High | 0.00124 |
| Current Price | 0.001221500 |
| Next Low | 0.00121 |
| 2nd Low | 0.00118 |
| 3rd Low | 0.00117 |
0.00124 – 0.00126 – 0.00129 – 0.00121 – 0.00121 – 0.00124 —
0.001216000 – 0.001220300 —
38.989687328452 – 43.843576865502 —
– —
0.00124 – 1783645200
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three White Soldiers – – –