SOL/BTC – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 0.0026916 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance zone at 0.002691600 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Three White Soldiers’ chart pattern is existing. 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 likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.002691600 |
| Current Price | 0.002624400 |
| Next Low | 0.002457100 |
| 2nd Low | 0.002310300 |
| 3rd Low | 0.002307000 |