SOL/USDT – 30M – BUYThe combination Solana/Tether (SOL/USDT) moves from the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 233.530000000 is considered certain.
Caution: A possible change in the direction of the support zone at 228.300000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Moreover a ‘Inverted Hammer’ candlestick pattern is detected. The chart forms ‘Inverted Hammer’. 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 success rate of a ‘Inverted Hammer’ heading up is 65% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 243.610000000 |
| 2nd High | 237.750000000 |
| Next High | 233.530000000 |
| Current Price | 231.880000000 |
| Next Low | 228.300000000 |
| 2nd Low | 225.670000000 |
| 3rd Low | 203.210000000 |
Download SOL/USDT Signal Image
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Inverted Hammer