The currency pair Solana/Bitcoin (SOL/BTC) breaks through the bearish trendline up.
An ascent up to the next resistance at 0.00124 will persist.
Caution: A possible trend reversal in the direction of the support level at 0.00123 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Three White Soldiers’ candlestick pattern is found. The chart forms ‘Three White Soldiers’. which is a bullish 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’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00127 |
| 2nd High | 0.00126 |
| Next High | 0.00124 |
| Current Price | 0.001230200 |
| Next Low | 0.00123 |
| 2nd Low | 0.00122 |
| 3rd Low | 0.00121 |
0.00124 – 0.00124 – 0.00123 – 0.00123 – 0.00123 – 0.00123 —
0.001232500 – 0.001230000 —
41.648517159303 – 38.540871301025 —
– —
0.00124 – 1773554400
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three White Soldiers – Rising Wedge Chart Pattern – –