The pair Solana/Tether (SOL/USDT) breaks through the bullish trendline upwards
A continuation of the upward movement up to the next resistance level at 168.200000000 is likely expected.
Caution: A possible change in the direction of support at 145.220000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Three White Soldiers’ candle pattern is detected. The chart forms ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 187.710000000 |
| 2nd High | 179.410000000 |
| Next High | 168.200000000 |
| Current Price | 167.590000000 |
| Next Low | 145.220000000 |
| 2nd Low | 137.140000000 |
| 3rd Low | 126.000000000 |
168.200000000 – 159.990000000 – 154.330000000 – 145.220000000 – 137.140000000 – 126.000000000
Trading Signals: FOREX – SOL – SOL/USDT – USDT – Three White Soldiers – Double bottom retreat down