SOL/BTC – 4H – BUYThe combination Solana/Bitcoin (SOL/BTC) breaks through the descending trendline upwards
An ascending movement up to the next resistance level at 0.001739200 is considered certain.
Caution: A possible reversal of the trend in the direction of the support line at 0.001347600 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.
Also there is a ‘Bullish Belt Hold’ candlestick chart pattern is discovered. The chart forms ‘Bullish Belt Hold’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.001740400 |
| Next High | 0.001739200 |
| Current Price | 0.001564700 |
| Next Low | 0.001347600 |
| 2nd Low | 0.001288500 |
| 3rd Low | 0.001256200 |
0.001739200 – 0.001536300 – 0.001423500 – 0.001347600 – 0.001348800 – 0.001350600 — 40.720262689347 – 46.629440984031
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bullish Belt Hold – Double top retreat up –