The currency pair Solana/Bitcoin (SOL/BTC) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance line at 0.001984000 is considered certain.
Caution: A possible change in the direction of the support zone at 0.001943400 could happen.
Consider stop-loss settings accordingly.
Furthermore a ‘Three White Soldiers’ candlestick pattern is discovered. The chart shows ‘Three White Soldiers’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.002009000 |
2nd High | 0.002000800 |
Next High | 0.001984000 |
Current Price | 0.002016200 |
Next Low | 0.001943400 |
2nd Low | 0.001939900 |
3rd Low | 0.001878000 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three White Soldiers