SOL/BTC – 30M – BUYThe combination Solana/Bitcoin (SOL/BTC) jumps from the ascending trendline upwards
A continuation of the uptrend up to the next resistance level at 0.002599900 is likely expected.
Caution: A possible reversal of the trend in the direction of support at 0.002531800 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Three Line Strike – Bullish’ chart pattern is detected. The chart forms ‘Three Line Strike – Bullish’. 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 probability of ‘Three Line Strike – Bullish’ heading up is 83% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002668600 |
| 2nd High | 0.002646300 |
| Next High | 0.002599900 |
| Current Price | 0.002552000 |
| Next Low | 0.002531800 |
| 2nd Low | 0.002499000 |
| 3rd Low | 0.002449300 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Line Strike – Bullish