The pair Solana/Bitcoin (SOL/BTC) breaks through the bearish trendline upwards
An ascending movement up to the next resistance at 0.001852700 is certain.
Caution: A possible reversal of the trend in the direction of support at is also possible.
Consider stop-loss settings accordingly.
Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The pair is likely to go up.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.0018692046 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.001852700 is also possible.
Consider stop-loss settings accordingly.
Next a ‘Bearish Harami Cross’ candle chart pattern is found. The chart shows ‘Bearish Harami Cross’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami Cross’ going down is 57% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001888400 |
| 2nd High | 0.001864000 |
| Next High | 0.001852700 |
| Current Price | 0.001847000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.001852700 – 0.001864000 – 0.001888400 – 0.001797600 – 0.001825600 – 0.001861400 — 57.954294554368 – 58.323736471642
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bearish Harami Cross – – –