SOL/BTC – 30M – BUYThe combination Solana/Bitcoin (SOL/BTC) breaks through the descending trendline upwards
A bullish movement up to the next resistance at 0.002073200 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 0.002036200 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Latter Bottom’ candle chart pattern is discovered. The chart forms ‘Latter Bottom’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Latter Bottom’ heading up is 56% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002155500 |
| 2nd High | 0.002154500 |
| Next High | 0.002073200 |
| Current Price | 0.002052000 |
| Next Low | 0.002036200 |
| 2nd Low | 0.002009300 |
| 3rd Low | 0.002001500 |
0.002073200 – 0.002154500 – 0.002117700 – 0.002036200 – 0.002093000 – 0.002075600 — 34.826782578334 – 37.962227371547
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Latter Bottom – – –