The pair Solana/Bitcoin (SOL/BTC) goes from the bearish trendline upwards
An ascent up to the next resistance level at 0.002035900 is considered certain.
Caution: A possible trend reversal in the direction of the support line at 0.001968100 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Bullish Belt Hold’ chart pattern is found. The candles form ‘Bullish Belt Hold’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.002135300 |
2nd High | 0.002090600 |
Next High | 0.002035900 |
Current Price | 0.001968200 |
Next Low | 0.001968100 |
2nd Low | 0.001943400 |
3rd Low | 0.001939900 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bullish Belt Hold