SOL/BTC – 1H – BUYCorrection of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 0.002639351 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of resistance at 0.002681000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three White Soldiers’ candlestick chart pattern is discovered. The chart forms ‘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 success rate of a ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002711100 |
| 2nd High | 0.002693600 |
| Next High | 0.002681000 |
| Current Price | 0.002587500 |
| Next Low | 0.002535200 |
| 2nd Low | 0.002440100 |
| 3rd Low | 0.002356800 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three White Soldiers