SOL/BTC – 30M – BUYThe combination Solana/Bitcoin (SOL/BTC) goes from the bullish trendline downwards
The bearish trend down to the next support at 0.002114300 is considered certain.
Caution: A possible change in the direction of the resistance line at 0.002169000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Bullish Belt Hold’ chart pattern is existing. The chart forms ‘Bullish Belt Hold’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002231900 |
| 2nd High | 0.002177600 |
| Next High | 0.002169000 |
| Current Price | 0.002143400 |
| Next Low | 0.002114300 |
| 2nd Low | 0.002017800 |
| 3rd Low | 0.001943400 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bullish Belt Hold