SOL/BTC – 30M – BUYThe combination Solana/Bitcoin (SOL/BTC) breaks through the descending trendline up.
An ascending movement upwards to the next resistance level at 0.00141 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 0.00137 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair is likely to rise.
Next a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair is likely to rise.
Next a ‘MACD crosses above signal’ indicator layout is discovered. The indicator is ‘MACD crosses above signal’. this is usually a bullish signal. The currency pair is likely to rise.
Next a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Current target is 0.0014 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.00141 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00144 |
| 2nd High | 0.00143 |
| Next High | 0.00141 |
| Current Price | 0.001398400 |
| Next Low | 0.00137 |
| 2nd Low | 0.00136 |
| 3rd Low | 0.00135 |
0.00141 – 0.0014 – 0.00143 – 0.00137 – 0.00139 – 0.0014 —
0.001389800 – 0.001384400 —
42.909462103397 – 36.132760356578 —
– —
0.00141 – 1769736600