SOL/BTC – 30M – BUYNext a ‘Triple bottom chart pattern’ chart layout is existing. The chart picture forms ‘Triple bottom chart pattern’. which is a bullish signal. The currency pair is likely to rise.
Next a ‘Below The Stomach’ candle pattern is found. The chart forms ‘Below The Stomach’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Below The Stomach’ heading down is 60% (Bull Market) & 65% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001632600 |
| 2nd High | 0.001616800 |
| Next High | 0.001560000 |
| Current Price | 0.001523200 |
| Next Low | 0.001445000 |
| 2nd Low | 0.001396000 |
| 3rd Low | 0.001357400 |
0.001503600 – 0.001473200 – 0.001400000 – 0.001445000 – 0.001447400 – 0.001396000
Trading Signals: FOREX – SOL – SOL/BTC – BTC – Below The Stomach – Triple bottom chart pattern