SOL/USDT – 30M – BUYThe combination Solana/Tether (SOL/USDT) moves from the bearish trendline upwards
A bullish ascent upwards to the next resistance line at 193.070000000 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 185.070000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Target of the current trend is 194.06396 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 193.070000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Inverted Hammer’ candlestick pattern is discovered. The chart shows ‘Inverted Hammer’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Inverted Hammer’ going up is 65% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 223.890000000 |
| 2nd High | 223.180000000 |
| Next High | 193.070000000 |
| Current Price | 185.920000000 |
| Next Low | 185.070000000 |
| 2nd Low | 183.130000000 |
| 3rd Low | 182.740000000 |
Download SOL/USDT Signal Image
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Inverted Hammer