The combination Solana/Bitcoin (SOL/BTC) breaks through the descending trendline up.
A bullish movement up to the next resistance level at 0.00141 is expected.
Caution: A possible counter-trend in the direction of the support zone at could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.00143 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 0.00141 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Three White Soldiers’ candle pattern is detected. The chart shows ‘Three White Soldiers’. 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 probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00143 |
| 2nd High | 0.00142 |
| Next High | 0.00141 |
| Current Price | 0.001422400 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.00141 – 0.00142 – 0.00141 – 0.0014 – 0.00139 – 0.00136 —
0.001410500 – 0.001412000 —
57.150157956272 – 56.557871465441 —
– —
0.00141 – 1769500800
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three White Soldiers – Double bottom chart pattern – –