The combination Solana/Bitcoin (SOL/BTC) breaks through the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance at 0.00125 will persist.
Caution: A possible trend reversal in the direction of the support zone at 0.00109 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair is likely to rise.
Additionally a ‘Three Outside Up’ candlestick pattern is existing. The candles show ‘Three Outside Up’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00131 |
| 2nd High | 0.0013 |
| Next High | 0.00125 |
| Current Price | 0.001216300 |
| Next Low | 0.00109 |
| 2nd Low | 0.00102 |
| 3rd Low | 0.00101 |
0.00116 – 0.00113 – 0.00107 – 0.00109 – 0.00109 – 0.00102 —
0.001127600 – 0.001171000 —
52.541133701235 – 63.153087312049 —
– —
0.00116 – 1782057600
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Outside Up – – –