The pair Solana/Bitcoin (SOL/BTC) breaks through the bearish trendline upwards
The bullish trend upwards to the next resistance level at 0.00113 is likely expected.
Caution: A possible counter-trend in the direction of the support line at 0.001120900 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Bullish Belt Hold’ candlestick pattern is detected. The candles show ‘Bullish Belt Hold’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00115 |
| 2nd High | 0.00114 |
| Next High | 0.00113 |
| Current Price | 0.001130400 |
| Next Low | 0.001120900 |
| 2nd Low | 0.00112 |
| 3rd Low |
0.00113 – 0.00114 – 0.00114 – 0.001120900 – 0.00112 – 0.00112 —
0.001123100 – 0.001125700 —
40.812908785635 – 48.79750243667 —
0.001120900 – 1776762000 —
0.00113 – 1776742200
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bullish Belt Hold – Symmetrical Triangle Chart Pattern – –