SOL/BTC – 30M – BUYThe combination Solana/Bitcoin (SOL/BTC) moves from the bullish trendline upwards
A continuation of the upward movement up to the next resistance line at 0.00128 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.00127 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Tweezers Bottom’ candle chart pattern is found. The chart shows ‘Tweezers Bottom’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Bottom’ heading up is 52% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00131 |
| 2nd High | 0.00129 |
| Next High | 0.00128 |
| Current Price | 0.001274500 |
| Next Low | 0.00127 |
| 2nd Low | 0.00126 |
| 3rd Low | 0.00125 |
0.00128 – 0.00128 – 0.00128 – 0.00127 – 0.00126 – 0.00126 —
0.001271400 – 0.001275400 —
52.958902597624 – 57.439723173998 —
– —
0.00128 – 1774017000
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Tweezers Bottom – – –