The combination Solana/Tether (SOL/USDT) breaks through the descending trendline upwards
An ascending movement upwards to the next resistance at 168.650000000 will continue.
Caution: A possible trend reversal in the direction of support at 145.220000000 could be enabled.
Consider stop-loss settings accordingly.
Then a ‘Three White Soldiers’ candlestick chart pattern is found. The chart forms ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 187.710000000 |
| 2nd High | 179.410000000 |
| Next High | 168.650000000 |
| Current Price | 167.600000000 |
| Next Low | 145.220000000 |
| 2nd Low | 137.140000000 |
| 3rd Low | 126.000000000 |
168.650000000 – 168.200000000 – 159.990000000 – 145.220000000 – 137.140000000 – 126.000000000
Trading Signals: FOREX – SOL – SOL/USDT – USDT – Three White Soldiers – Triple bottom chart pattern