SOL/BTC – 30M – BUYThe pair Solana/Bitcoin (SOL/BTC) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance line at 0.002067700 is certain.
Caution: A possible change in the direction of the support line at 0.002021100 could occur.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Bullish Engulfing’ candle pattern is found. The chart forms ‘Bullish Engulfing’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002155900 |
| 2nd High | 0.002076400 |
| Next High | 0.002067700 |
| Current Price | 0.002065900 |
| Next Low | 0.002021100 |
| 2nd Low | 0.001943400 |
| 3rd Low | 0.001939900 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bullish Engulfing