The combination Solana/Bitcoin (SOL/BTC) breaks through the ascending trendline up.
A continuation of the upward movement upwards to the next resistance level at 0.00109 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 0.00105 could occur.
Consider stop-loss settings accordingly.
There is also a ‘Bullish Belt Hold’ chart pattern is discovered. The chart forms ‘Bullish Belt Hold’. this is a bullish pattern 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 ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00115 |
| 2nd High | 0.00112 |
| Next High | 0.00109 |
| Current Price | 0.001108100 |
| Next Low | 0.00105 |
| 2nd Low | 0.00102 |
| 3rd Low | 0.00101 |
0.00109 – 0.00108 – 0.00107 – 0.00105 – 0.00105 – 0.00105 —
0.001083700 – 0.001098000 —
69.226828636259 – 81.825077347371 —
– —
0.00109 – 1781481600
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bullish Belt Hold – – –