SOL/USDT – 30M – BUYThe currency pair Solana/Tether (SOL/USDT) breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance at 233.530000000 will continue.
Caution: A possible trend reversal in the direction of support at 225.670000000 could occur.
Consider stop-loss settings accordingly.
Besides a ‘Bullish Engulfing’ candle chart pattern is existing. The candles show ‘Bullish Engulfing’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 243.610000000 |
| 2nd High | 237.750000000 |
| Next High | 233.530000000 |
| Current Price | 232.210000000 |
| Next Low | 225.670000000 |
| 2nd Low | 203.210000000 |
| 3rd Low | 203.000000000 |
Download SOL/USDT Signal Image
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bullish Engulfing