The combination Solana/Bitcoin (SOL/BTC) breaks through the descending trendline upwards
A bullish movement up to the next resistance line at 0.00113 will continue.
Caution: A possible change in the direction of the support zone at 0.00112 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.00113 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 0.00113 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three Outside Up’ candle chart pattern is existing. The candles show ‘Three Outside Up’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00115 |
| 2nd High | 0.00114 |
| Next High | 0.00113 |
| Current Price | 0.001128700 |
| Next Low | 0.00112 |
| 2nd Low | |
| 3rd Low |
0.00113 – 0.00114 – 0.00113 – 0.00112 – 0.00112 – 0.00112 —
0.001133800 – 0.001125000 —
58.062908522435 – 39.323897151789 —
– —
0.00113 – 1776817800
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Outside Up – – –