SOL/BTC – 1H – BUYThe combination Solana/Bitcoin (SOL/BTC) breaks through the bearish trendline upwards
An ascending movement up to the next resistance level at 0.002534500 is certain.
Caution: A possible counter-trend in the direction of the support line at 0.002452300 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Three White Soldiers’ candlestick chart pattern is discovered. The candles show ‘Three White Soldiers’. this is a bullish chart scenario. 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 | 0.002599900 |
| 2nd High | 0.002550000 |
| Next High | 0.002534500 |
| Current Price | 0.002512400 |
| Next Low | 0.002452300 |
| 2nd Low | 0.002423400 |
| 3rd Low | 0.002356800 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three White Soldiers