SOL/BTC – 30M – BUYThe currency pair Solana/Bitcoin (SOL/BTC) breaks through the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance line at 0.00111 will continue.
Caution: A possible change in the direction of the support zone at 0.0011 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Rising Window’ candlestick chart pattern is detected. The candles form ‘Rising Window’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Rising Window’ going up is 75% (Bull Market) & 72% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00114 |
| 2nd High | 0.00112 |
| Next High | 0.00111 |
| Current Price | 0.001144900 |
| Next Low | 0.0011 |
| 2nd Low | 0.00108 |
| 3rd Low | 0.00105 |
0.00111 – 0.0011 – 0.00109 – 0.0011 – 0.0011 – 0.00108 —
0.001102500 – 0.001105800 —
49.096223389962 – 56.324757010457 —
– —
0.00111 – 1778155200
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Rising Window – – –