SOL/BTC – 4H – BUYThe currency pair Solana/Bitcoin (SOL/BTC) breaks through the descending trendline up.
The bullish trend upwards to the next resistance line at 0.00117 will continue.
Caution: A possible reversal of the trend in the direction of support at 0.00112 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three White Soldiers’ chart pattern is discovered. The candles show ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00121 |
| 2nd High | 0.0012 |
| Next High | 0.00117 |
| Current Price | 0.001144400 |
| Next Low | 0.00112 |
| 2nd Low | |
| 3rd Low |
0.00117 – 0.0012 – 0.00121 – 0.00115 – 0.00115 – 0.00117 —
0.001132100 – 0.001139200 —
33.096425196989 – 45.589235133294 —
– —
0.00117 – 1775937600
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three White Soldiers – Rising Wedge Chart Pattern – –