SOL/USDT – 30M – BUYThe combination Solana/Tether (SOL/USDT) jumps from the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance line at 178.190000000 is expected.
Caution: A possible counter-trend in the direction of the support level at 168.710000000 could be enabled.
Consider stop-loss settings accordingly.
There is also a ‘Northern Doji’ candlestick chart pattern is detected. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 187.710000000 |
| 2nd High | 179.410000000 |
| Next High | 178.190000000 |
| Current Price | 175.030000000 |
| Next Low | 168.710000000 |
| 2nd Low | 165.400000000 |
| 3rd Low | 157.230000000 |
178.190000000 – 176.000000000 – 167.580000000 – 168.710000000 – 165.400000000 – 157.230000000
Trading Signals: FOREX – SOL – SOL/USDT – USDT – Northern Doji – Triple bottom chart pattern