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
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Two-Candle Shooting Star