The combination Solana/Bitcoin (SOL/BTC) breaks through the descending trendline up.
A bullish trend upwards to the next resistance level at 0.00132 is certain.
Caution: A possible counter-trend in the direction of the support level at 0.00131 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The currency pair could go up.
Moreover a ‘StochRSI Bullish Divergence’ indicator signal is found. The indicator is ‘StochRSI Bullish Divergence’. which could be a positive signal. The currency pair could go up.
Moreover a ‘MACD-Hist Bullish Divergence’ indicator signal is found. The indicator is ‘MACD-Hist Bullish Divergence’. which could be a positive signal. The currency pair could go up.
Moreover a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
Moreover a ‘Three Outside Up’ candle pattern is found. The chart forms ‘Three Outside Up’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00135 |
| 2nd High | 0.00133 |
| Next High | 0.00132 |
| Current Price | 0.001315200 |
| Next Low | 0.00131 |
| 2nd Low | 0.00128 |
| 3rd Low | 0.00127 |
0.00132 – 0.00133 – 0.00132 – 0.00131 – 0.00128 – 0.00128 —
0.001315700 – 0.001312700 —
52.48182816071 – 44.388952036132 —
– —
0.00132 – 1783074600
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Outside Up – Rising Wedge Chart Pattern – –