SOL/USDT – 1H – BUYThe pair Solana/Tether (SOL/USDT) breaks through the bullish trendline up.
A continuation of the upward movement upwards to the next resistance level at 175.340000000 is expected.
Caution: A possible counter-trend in the direction of the support level at 157.230000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.
In addition a ‘Three White Soldiers’ candlestick pattern is detected. The chart forms ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. 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 | 175.340000000 |
| Current Price | 172.890000000 |
| Next Low | 157.230000000 |
| 2nd Low | 147.700000000 |
| 3rd Low | 145.220000000 |
168.650000000 – 164.190000000 – 168.200000000 – 157.230000000 – 158.170000000 – 159.630000000
Trading Signals: FOREX – SOL – SOL/USDT – USDT – Three White Soldiers – Triple bottom chart pattern