SOL/BTC – 30M – BUYThe currency pair Solana/Bitcoin (SOL/BTC) breaks through the bearish trendline upwards
An ascent up to the next resistance at 0.001655200 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 0.001618700 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Tweezers Bottom’ candle pattern is existing. The candles show ‘Tweezers Bottom’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Bottom’ heading up is 52% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001707300 |
| 2nd High | 0.001662300 |
| Next High | 0.001655200 |
| Current Price | 0.001632400 |
| Next Low | 0.001618700 |
| 2nd Low | 0.001598300 |
| 3rd Low | 0.001577400 |
0.001655200 – 0.001641300 – 0.001608800 – 0.001618700 – 0.001598300 – 0.001577400 — 43.623456685078 – 51.368906904327
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Tweezers Bottom – Double top retreat up – –