SOL/BTC – 1H – BUYThe combination Solana/Bitcoin (SOL/BTC) moves from the descending trendline upwards
An ascent upwards to the next resistance level at 0.002231900 will persist.
Caution: A possible change in the direction of the support line at 0.002136400 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Current target is 0.0021803196 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance line at 0.002231900 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Three White Soldiers’ chart pattern is found. The chart forms ‘Three White Soldiers’. this is a bullish signal. The pair is likely to go up. 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 | 0.002322500 |
| 2nd High | 0.002313800 |
| Next High | 0.002231900 |
| Current Price | 0.002150600 |
| Next Low | 0.002136400 |
| 2nd Low | |
| 3rd Low |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three White Soldiers