Buy SOL/USDT – 1H – BUY

The pair Solana/Tether (SOL/USDT) breaks through the bullish trendline upwards

A continuation of the bullish trend upwards to the next resistance at 196.470000000 is considered certain.

Caution: A possible counter-trend in the direction of the support zone at 188.000000000 should always be considered.
Consider stop-loss settings accordingly.

And also a ‘Two-Candle Shooting Star’ candle chart pattern is discovered. The candles form ‘Two-Candle Shooting Star’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two-Candle Shooting Star’ going down is 61% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 201.850000000
2nd High 197.710000000
Next High 196.470000000
Current Price 204.620000000
Next Low 188.000000000
2nd Low 185.890000000
3rd Low 182.740000000

Download SOL/USDT Signal Image

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