SOL/BTC – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.0025210192 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.002550000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Inverted Hammer’ candle pattern is existing. The candles form ‘Inverted Hammer’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Inverted Hammer’ heading up is 65% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002646300 |
| 2nd High | 0.002599900 |
| Next High | 0.002550000 |
| Current Price | 0.002499300 |
| Next Low | 0.002452300 |
| 2nd Low | 0.002427200 |
| 3rd Low | 0.002423400 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Inverted Hammer