SOL/BTC – 1H – BUYThe combination Solana/Bitcoin (SOL/BTC) breaks through the descending trendline up.
The bullish trend upwards to the next resistance level at 0.00122 is expected.
Caution: A possible reversal of the trend in the direction of the support line at 0.00118 could occur.
Consider stop-loss settings accordingly.
Also there is a ‘Three White Soldiers’ candlestick chart pattern is found. The candles show ‘Three White Soldiers’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00128 |
| 2nd High | 0.00125 |
| Next High | 0.00122 |
| Current Price | 0.001200800 |
| Next Low | 0.00118 |
| 2nd Low | 0.00112 |
| 3rd Low |
0.00122 – 0.00125 – 0.00128 – 0.00118 – 0.0012 – 0.00121 —
0.001193200 – 0.001201000 —
28.404280284189 – 51.881616418451 —
– —
0.00122 – 1770778800
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three White Soldiers – – –