The pair Solana/Bitcoin (SOL/BTC) breaks through the bearish trendline upwards
An ascent upwards to the next resistance line at 0.001469500 is likely expected.
Caution: A possible trend reversal in the direction of support at 0.001429500 could occur.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘StochRSI cross above 20’ indicator signal is detected. The indicator is ‘StochRSI cross above 20’. which could be a positive chart scenario. The currency pair is likely to rise.
There is also a ‘Bullish Separating Lines’ candlestick chart pattern is detected. The chart forms ‘Bullish Separating Lines’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Separating Lines’ heading up is 72% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001539900 |
| 2nd High | 0.001493500 |
| Next High | 0.001469500 |
| Current Price | 0.001464600 |
| Next Low | 0.001429500 |
| 2nd Low | 0.001421300 |
| 3rd Low | 0.001396000 |
0.001469500 – 0.001441300 – 0.001493500 – 0.001429500 – 0.001421300 – 0.001423400 — 56.344251826428 – 60.87905462966
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bullish Separating Lines – Double bottom chart pattern – –