The currency pair Solana/Bitcoin (SOL/BTC) breaks through the descending trendline up.
The bullish trend up to the next resistance at 0.00124 is likely expected.
Caution: A possible change in the direction of the support level at 0.00122 could occur.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The currency pair is likely to rise.
There is also a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.00124056 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance line at 0.00124 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00126 |
| 2nd High | 0.00125 |
| Next High | 0.00124 |
| Current Price | 0.001235300 |
| Next Low | 0.00122 |
| 2nd Low | 0.00121 |
| 3rd Low | 0.00118 |
0.00124 – 0.00124 – 0.00124 – 0.00122 – 0.00121 – 0.00122 —
0.001226500 – 0.001229600 —
40.994501704758 – 48.619367374447 —
– —
0.00124 – 1773253800