SOL/BTC – 30M – BUYThe combination Solana/Bitcoin (SOL/BTC) goes from the ascending trendline down.
A bearish movement downwards to the next support level at 0.002114300 is likely expected.
Caution: A possible change in the direction of the resistance level at 0.002204400 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Three White Soldiers’ candlestick chart pattern is found. The candles form ‘Three White Soldiers’. 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 ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002293000 |
| 2nd High | 0.002232400 |
| Next High | 0.002204400 |
| Current Price | 0.002124700 |
| Next Low | 0.002114300 |
| 2nd Low | 0.002017800 |
| 3rd Low | 0.001943400 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three White Soldiers