The currency pair Solana/Bitcoin (SOL/BTC) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance line at 0.00122 will continue.
Caution: A possible counter-trend in the direction of support at 0.00121 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Three White Soldiers’ candle chart pattern is existing. The candles form ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00127 |
| 2nd High | 0.00126 |
| Next High | 0.00122 |
| Current Price | 0.001218700 |
| Next Low | 0.00121 |
| 2nd Low | 0.00118 |
| 3rd Low | 0.00117 |
0.00122 – 0.00126 – 0.00127 – 0.00121 – 0.00121 – 0.00125 —
0.001210800 – 0.001217200 —
35.794535382739 – 51.154309206787 —
– —
0.00122 – 1771939800
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three White Soldiers – Double top retreat up – –