SOL/BTC – 1H – BUYThe combination Solana/Bitcoin (SOL/BTC) goes from the bullish trendline up.
A continuation of the uptrend up to the next resistance line at 0.002711100 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 0.002601000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Three White Soldiers’ candlestick chart pattern is found. The chart shows ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.002711100 |
| Current Price | 0.002684300 |
| Next Low | 0.002601000 |
| 2nd Low | 0.002356800 |
| 3rd Low | 0.002334200 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three White Soldiers