SOL/BTC – 4H – BUY
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 0.0026916 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance line at 0.002691600 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Three White Soldiers’ candle pattern is existing. The candles form ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 0.002691600 |
Current Price | 0.002614300 |
Next Low | 0.002310300 |
2nd Low | 0.002209100 |
3rd Low | 0.002136100 |