Buy SOL/USDT – 1H – BUY

The currency pair Solana/Tether (SOL/USDT) goes from the bullish trendline downwards

A bearish trend downwards to the next support line at 204.670000000 will continue.

Caution: A possible counter-trend in the direction of resistance at 219.050000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Three Outside Up’ candlestick chart pattern is discovered. The chart forms ‘Three Outside Up’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 234.690000000
2nd High 227.560000000
Next High 219.050000000
Current Price 213.010000000
Next Low 204.670000000
2nd Low 188.000000000
3rd Low 185.890000000

Download SOL/USDT Signal Image

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