SOL/BTC – 4H – BUYThe combination Solana/Bitcoin (SOL/BTC) breaks through the bearish trendline upwards
A bullish movement up to the next resistance at 0.002056100 is certain.
Caution: A possible counter-trend in the direction of the support line at 0.001842700 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Three White Soldiers’ chart pattern is existing. The candles show ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002550000 |
| 2nd High | 0.002313800 |
| Next High | 0.002056100 |
| Current Price | 0.002030500 |
| Next Low | 0.001842700 |
| 2nd Low | |
| 3rd Low |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three White Soldiers