SOL/BTC – 30M – BUYThen a ‘Double bottom chart pattern’ chart layout is existing. The chart forms ‘Double bottom chart pattern’. this is a bullish signal. The currency pair is likely to go up.
The pair Solana/Bitcoin (SOL/BTC) breaks through the descending trendline up.
A bullish ascent upwards to the next resistance at 0.001454700 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.001429600 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Three White Soldiers’ candlestick pattern is discovered. The candles show ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001462100 |
| 2nd High | 0.001458300 |
| Next High | 0.001454700 |
| Current Price | 0.001452000 |
| Next Low | 0.001429600 |
| 2nd Low | 0.001420500 |
| 3rd Low | 0.001407200 |
0.001454700 – 0.001458300 – 0.001425500 – 0.001429600 – 0.001420500 – 0.001407200
Trading Signals: FOREX – SOL – SOL/BTC – BTC – Three White Soldiers