SOL/BTC – 30M – BUYThe pair jumps from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance line at 0.002691600 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 0.002489000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Three White Soldiers’ candlestick chart pattern is detected. The candles form ‘Three White Soldiers’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.002691600 |
| Current Price | 0.002599800 |
| Next Low | 0.002489000 |
| 2nd Low | 0.002487200 |
| 3rd Low | 0.002457100 |